Janet Yellen Quotes

[A more doctrinaire Fed chief wouldn't have allowed the economy to grow this fast, but Greenspan argued that technology was creating productivity gains that would allow rapid, inflation-free growth.] There were a lot of economists at the Fed who thought not tightening back then was very dangerous... The great accomplishment of the Greenspan Fed was recognizing that productivity growth would allow the economy to grow at a faster rate. - Janet Yellen

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Doctrinaire | Chief | Allowed | Economy | Grow |