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.
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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 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).
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.