I wouldn't be surprised to see core PCE inflation actually fall a bit over the next two years
More Quotes from Janet Yellen:
I support the idea of a quantitative objective for price stability.Janet Yellen
The Federal Reserve must deliver -- again and again -- on its commitment to price stability,
Janet Yellen
We all remember the bad old days of the 1970s ... the Fed's response went down as one the greatest monetary policy mistakes of my lifetime,
Janet Yellen
A credible inflation objective could...enhance the flexibility of monetary policy to respond to the real effects of adverse shocks.
Janet Yellen
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.
Janet Yellen
Certainly, analyses do indicate that house prices are abnormally high --- that there is a 'bubble' element, even accounting for factors that would support high house prices, such as low mortgage interest rates. So a reversal is certainly a possibility.
Janet Yellen
Readers Who Like This Quotation Also Like:
Based on Keywords: pceThe artist's world is limitless. It can be found anywhere, far from where he lives or a few feet away. It is always on his doorstep.
Paul Strand
Above all, be suspicious of your fatherland. Nobody is more inclined to become a murderer than a fatherland.
Friedrich Durrenmatt
These players are prima donnas. They need to educate themselves so they don't make such stupid remarks.
Richard Williams