My bottom line is that monetary policy should react to rising prices for houses or other assets only insofar as they affect the central bank's goal variables - output, employment, and inflation.
Janet Yellen
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This page presents the quote "My bottom line is that monetary policy should react to rising prices for houses or other assets only insofar as they affect the central bank's goal variables - output, employment, and inflation.". Author of this quote is Janet Yellen. This quote is about output, variables, rising prices, bottom line, inflation, goal, monetary policy, assets, employment,.