I consider a 12 basis point difference to be really quite small and in line with the general level of interest rates.
Janet Yellen
The Public Record
Janet Louise Yellen is an American economist currently serving as the 78th United States Secretary of the Treasury, a position she has held since January 26, 2021. She is a member of the Democratic Party and has a distinguished career in economic policy and public service. Yellen previously served as the Chair of the Federal Reserve from 2014 to 2018, becoming the first woman to hold that role. During her tenure at the Federal Reserve, she focused on issues such as unemployment and inflation, advocating for policies aimed at economic recovery following the 2008 financial crisis.
I do not think stress testing our balance sheet is something that is necessary.
I believe that diversity is extremely important in all parts of the Federal Reserve.
Different countries have different systems for dealing with health care and financing it.
I think it is widely agreed that there could be constructive changes to the corporate tax system.
These tax arrangements do have impacts on the profitability of various business activities.
I think our authority is extremely limited, and it would not be appropriate for us to give loans to Puerto Rico.
Only Congress can determine whether it is appropriate to amend Federal law in this area.
I believe it is important to have a diverse group of policymakers who can bring different perspectives to bear.
Most analyses suggest it would have negative economic consequences for the U.K. and spillovers to Europe more broadly speaking.
Unemployment rates for lower skilled workers and workers in goods producing industries are around twice as high as those for highly skilled workers
I think it could have significant economic consequences by launching a period of uncertainty.
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.
I said that we were monitoring it and that it could have consequences with the United States.
Only Congress has the authority to act to determine whether it is appropriate to amend Federal law governing marijuana possession, sales, and distribution.
I do not think an impact of low interest rates has been to stimulate an investment boom or a boom in capacity.
The Federal Reserve's job is to try to achieve maximum employment and broad gains in the labor market that are as widely distributed as possible.
The outlook for the U.S. economy is favorable, its biggest threat is a weak global economy dragging down manufacturing and net exports.
I was highly attentive to making sure...that I was aware of developments all around our region.
The level of new construction of residential investment remains quite low relative to underlying demographic trends.





