Janet L. Yellen’s Speeches

Thank you for that very kind introduction. It’s a pleasure to be here with you in this beautiful “City of Roses.” As a monetary policymaker, my main concern is the national economy, and that will be the chief focus of my remarks today. But as President of the San Francisco Fed, I also pay close […]

It is a pleasure to take part in this conference. I thank the Bank of Japan for inviting me to share my views on incentive problems in monetary policy committees at central banks. I thought I would organize my remarks around two issues discussed in the paper by Fujiki (2005) and in the sessions—transparency and […]

Our discussion today about the effectiveness of stabilization policies has been lively and informative. Importantly, the task of judging how effective stabilization policies are likely to be is complicated by the fact that we live in a changing world. Let me focus on one of the underlying forces for change: increased globalization. Thinking about increased […]

Thank you, John, for that kind introduction. I’m delighted to be with you today. As John said, I’m new to the San Francisco Fed. I’m still in my first year as President. But I’m not new to the Federal Reserve System. Nor am I completely new to banking issues. When I was a Governor at […]

Good evening, and thanks for the warm welcome. I’m delighted to be here. I plan to give you my thoughts on the prospects for the U.S. economy and the implications for monetary policy. As always, my remarks reflect my own views, and not necessarily those of others in the Federal Reserve. Let me start with […]

It’s a pleasure to join you today. I was very pleased when John Shoven asked me to share the dais with John Lipsky to give my views on the U.S. economic outlook and the implications for monetary policy. Let me note that, as always, I am speaking for myself and my comments do not necessarily […]

Thanks for that very kind introduction. It’s a pleasure to meet with you today. As Leslie said, I served as a monetary policymaker once before—back in the mid-1990s, when I was a member of the Board of Governors of the Federal Reserve System in Washington, D.C. Since then, of course, there have been some important […]

Thanks for that very kind introduction, Dean Mittelstaedt. It’s a pleasure to participate in your forecast luncheon, and I’m delighted to be able to set the stage for the other speakers by giving you my views on the outlook for the nation’s economy and the implications for monetary policy. As Dean Mittelstaedt said, I began […]

Good afternoon. I’d like to thank you for inviting me here today to discuss my views on the nation’s economy and on monetary policy. I know that I’m in the midst of a group of professionals who specialize in risk management. Since risk management is a focus of our work at the Fed, we have […]

Good afternoon. And thank you, George, for that kind introduction. This is my first public speech as President of the Federal Reserve Bank of San Francisco, and it’s a pleasure to be making my debut here in Seattle. Thank you all very much for coming. While it would be a privilege to serve as the […]