Janet L. Yellen’s Speeches

Introduction Today the Federal Reserve faces some of the greatest challenges in its history as it strives to restore economic growth, job creation, and financial stability and to preserve price stability. To achieve these policy objectives, the Federal Reserve is committed to using every tool at its disposal. The challenges are all too well known. […]

I’m delighted to have the opportunity to comment on the papers of my distinguished colleagues, Martin Feldstein, John Taylor, and Alan Auerbach at a session devoted to a topic of such critical policy importance. With the U.S. economy in a year-old recession, marked by a particularly sharp contraction in recent months, and ensnared in ongoing […]

Good afternoon, everyone, and thank you for inviting me to speak to you today. This conference on “The Mortgage Meltdown, the Economy, and Public Policy” could not be more timely. The mortgage meltdown is far from over, the economy and financial markets are still reeling from it, and policymakers have responded by taking some of the most […]

Good evening. It’s a pleasure to have the chance to speak with you tonight, and I’m very grateful to your colleague and mine, Ken Wilcox, for inviting me to do so.  I have come to know him well during his tenure as a member of the Board of Directors of the Federal Reserve Bank of […]

Good afternoon, everyone, and thank you for coming. It’s always a pleasure to visit Los Angeles, where our Reserve Bank has a major branch, and I’m honored by the invitation to speak to you today. My remarks today will focus on conditions in the U.S. economy. There is a lot to cover, but I plan […]

Good afternoon, everyone, and thank you for coming. It is always a pleasure to visit Salt Lake City. Our branch office was established here in 1918, and the Fed’s ties to this community are long and deep. This morning, the directors of our Salt Lake City Board met with their counterparts from Seattle and Portland […]

Good afternoon everyone. It is a pleasure to be here today. On behalf of my colleagues at the San Francisco Fed, I would like to thank you for taking the time to participate in this symposium, and more specifically, to engage in a discussion of what strategies are needed to stabilize communities in the wake […]

Good afternoon, everyone, and thank you very much for coming. The topic of my talk today is the nation’s economic outlook. I recently returned from a meeting of the Federal Open Market Committee, where we voted to leave our policy target, the federal funds rate, unchanged for the time being. The discussion around the table […]

Good morning, everyone, and thank you for inviting me to meet with you. The topic of my talk today is the nation’s economic outlook. I recently returned from a meeting of the Federal Open Market Committee, where we voted to leave our policy target, the federal funds rate, unchanged for the time being. The discussion […]

Good morning.  I’m delighted to be part of the Northern California Regional Financial Planning conference this year.  I’d like to thank the organizers for inviting me and for giving me an opportunity to talk about the U.S. economy and the conduct of monetary policy to such a large and knowledgeable group of professionals.  Most, if […]