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Janet Yellen actually said...

Low interest rates harm savers; it is absolutely true.

Context

Yellen acknowledges the negative impact of low rates on savers.

11/13/2013

https://www.congress.gov...

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I think our authority is extremely limited, and it would not be appropriate for us to give loans to Puerto Rico.
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The one-size-fits-all approach by the Fed in the executive compensation rule is counter to the agency's own statements on thrift insurers.
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unemployment rates for lower skilled workers and workers in goods producing industries are around twice as high as those for highly skilled ...
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Only Congress can determine whether it is appropriate to amend Federal law in this area.
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View All Janet Yellen Quotes

Janet Louise Yellen
in office

usa, California

653 Quotes

Born8/13/1946 (age 79)

PartyDemocratic

  • Secretary of the Treasury

    1/26/2021 - present
  • chair of the federal reserve

    2/3/2014 - 2/3/2018
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