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By putting downward pressure on interest rates, the Fed is trying to make financial conditions more accommodative - supporting asset values and lower borrowing costs for households and businesses and thus encouraging the spending that spurs job creation and a stronger recovery.
Janet Yellen
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"By putting downward pressure on interest rates, the Fed is trying to make financial conditions more accommodative - supporting asset values and lower borrowing costs for households and businesses and thus encouraging the spending that spurs job creation and a stronger recovery."
— Janet Yellen #moneywealth

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By putting downward pressure on interest rates, the Fed is trying to make financial conditions…

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By putting downward pressure on interest rates, the Fed is trying to make financial conditions more accommodative - supporting asset values and lower borrowing costs for households and businesses and thus encouraging the spending that spurs job creation and a stronger recovery. — 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 "By putting downward pressure on interest rates, the Fed is trying to make finan…"?
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 Money & Wealth. Browse more quotes on these themes from the categories page.