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.
Even the simplest choice can make a jaw-dropping difference in our world.
It is up to us to change laws on the books like 'Stand Your Ground' laws and push elected officials to enact regulations that hold police officers to the same standards as the rest of society. This is why we vote.
Economic, social, and other kinds of regional cooperation are not possible so long as there is apartheid. Therefore, it seems the duty of all mankind to destroy it.
Ultimately, change will happen when problems persist and enough people are concerned.
There are two primary choices in life: to accept conditions as they exist, or accept the responsibility for changing them.
It is the nature of a man as he grows older, a small bridge intime, toprotest againstchange, particularlychangefor the better.
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