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Letter "J" » Janet Yellen Quotes
«I see no evidence of feedbacks from energy prices to wage bargaining, ... The risk, though, is that, without appropriate policy, we could see a repetition of the '70s-type dynamic.»
«At this stage, wage and salary growth seems quite well contained, and I see no evidence of feedbacks from energy prices to wage bargaining.»
«I see no evidence of feedbacks from energy prices to wage bargaining. The risk, though, is that, without appropriate policy, we could see a repetition of the '70s-type dynamic.»
«We do need to be careful about overshooting.»
«A credible inflation objective could...enhance the flexibility of monetary policy to respond to the real effects of adverse shocks.»
«I support the idea of a quantitative objective for price stability.»
«I view decisions about the stance of policy going forward as quite data-dependent. On the one hand, I will be alert to any incoming data suggesting that economic growth is less likely to slow to a sustainable pace or that inflation is less likely to remain contained.»
«I consider us to be in a range where further moves depend on how the data transpires, but I don't see weakness out there yet.»
«The growing capacity of foreign countries to supply goods and services to the U.S. market has impacted the structure of wages and the bargaining power of workers.»
«Indeed, only 10 percent of American workers are in manufacturing, which is arguably the sector most exposed to foreign competition.»