Although we work through financial markets, our goal is to help Main Street, not Wall Street.
Janet YellenRead
It seems to me that women have made an awful lot of progress, but they probably remain underrepresented at the highest levels of most organizations, for a variety of reasons. And it's probably going to take a long time to change that.
Interpretation
The quote highlights the progress of women in society while acknowledging their underrepresentation in leadership roles.
Janet Yellen points out that although women have achieved significant progress in various fields, there is still a notable lack of representation in top positions within organizations. She implies that this imbalance is caused by multiple factors and suggests that overcoming these obstacles will require sustained effort over time.
In practice
In a speech advocating for gender equality in the workplace.
Although we work through financial markets, our goal is to help Main Street, not Wall Street.
We need to keep in mind the well-established fact that the full effects of monetary policy are felt only after long lags. This means that policy makers cannot wait until they have achieved their objectives to begin adjusting policy.
A clear lesson of history is that a 'sine qua non' for sustained economic recovery following a financial crisis is a thoroughgoing repair of the financial system.
Transparency concerning the Federal Reserve's conduct of monetary policy is desirable because better public understanding enhances the effectiveness of policy. More important, however, is that transparent communications reflect the Federal Reserve's commitment to accountability within our democratic system of government.
For decades, the pace of technological change in manufacturing has outstripped that in the economy as a whole. And, so, firms - manufacturing firms - have found it easier to continue producing by - with - reducing their workforces.
Inequality has risen to the point that it seems to me worthwhile for the U.S. to seriously consider taking the risk of making our economy more rewarding for more of the people.
Pain prompts us to change behavior that is destructive to ourselves or to others. Pain can be a highly effective instructor.
I think when you work on fossils, and you realize that a species is there, and it's abundant for quite a long period of time, and then at some point it's no longer there - and so, when you look at that bigger picture, yes, you realize that either you change and adapt, or, as a species, you go extinct.
Now this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning.
My main message is to the parents of Trayvon Martin. You know, if I had a son, he'd look like Trayvon.
Change only takes place through action, not through meditation and prayer.
It doesn't need to be the same every day, doesn't need to be the same shower I use, the same restaurant I go to, the same hour I go to sleep. I've always been very flexible. I don't care if I practice at nine in the morning or 10 P.M.
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