Janet Yellen actually said...

I would be amazed if the NBER would declare this period to be a recession, even if it happens to have two quarters of negative growth.

Janet Yellen expresses her belief that the economy is strong enough to avoid being classified as in a recession.

07/23/2022

More Janet Yellen Quotes

I strongly support the Fed's dual mandate and pay close attention to both inflation and employment at all times.

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I agree with Chairman Bernanke that an increase in the long-run inflation objective to 4 percent would be a risky policy strategy.

I would hope that going forward, one thing we have learned from this crisis is there is a need for all of us in regulation to act in a timel...