Jul 12, 2017
It is important when we have a 2-percent inflation objective to make sure that we achieve it.
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.
congress.gov
Jul 12, 2017
We are very focused on trying to bring inflation up to our 2-percent objective.
Jul 12, 2017
I cannot give you a definite timetable for our reconsideration of this, but it is something where perhaps our regulations had an unintended consequence, and we are looking at that carefully.
Jul 12, 2017
I do believe it is an important mandate that keeps us focused on the labor market and wanting to ensure strong performance.
Jul 12, 2017
It appears that the recent lower readings on inflation are partly the result of a few unusual reductions in certain categories of prices.
Jul 11, 2017
When some groups do disproportionately well and others seem to be lagging behind, there is a sense of its being a very unfair system.
Jul 11, 2017
I regard the Federal Reserve as one of the most transparent central banks in the world.
Jul 11, 2017
Congress has passed laws that place obligations on us to supervise these financial institutions.
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