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The principle that a central bank, charged with controlling inflation, should be independent from the government is unassailable. It may also be true that it's easier for the central bank to guard its independence from political pressure when it mainly holds government securities.
Janet Yellen
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"The principle that a central bank, charged with controlling inflation, should be independent from the government is unassailable. It may also be true that it's easier for the central bank to guard its independence from political pressure when it mainly holds government securities."
— Janet Yellen #politicsgovernment

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The principle that a central bank, charged with controlling inflation, should be independent from the government is unassailable. It may also be true that it's easier for the central bank to guard its independence from political pressure when it mainly holds government securities. — Janet Yellen

About Janet Yellen

Janet Yellen was a Public Servant from United States (1946–present).

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Frequently Asked Questions

Who said "The principle that a central bank, charged with controlling inflation, should b…"?
This quote is attributed to Janet Yellen, a Public Servant from United States.
When did Janet Yellen live?
Janet Yellen lived from 1946 – present.
What is this quote about?
This quote touches on Politics & Government. Browse more quotes on these themes from the categories page.