<html><body><p>My bottom line is that monetary policy should react to rising prices for houses or other <a href="https://quotes.tuteehub.com/tag/assets-2589" style="font-weight:bold;" target="_blank" title="Click to read more quotes about ASSETS">ASSETS</a> only insofar as they affect the central bank's <a href="https://quotes.tuteehub.com/tag/goal-2265" style="font-weight:bold;" target="_blank" title="Click to read more quotes about GOAL">GOAL</a> variables - <a href="https://quotes.tuteehub.com/tag/output-7461" style="font-weight:bold;" target="_blank" title="Click to read more quotes about OUTPUT">OUTPUT</a>, employment, and <a href="https://quotes.tuteehub.com/tag/inflation-3850" style="font-weight:bold;" target="_blank" title="Click to read more quotes about INFLATION">INFLATION</a>.</p></body></html>

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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 - Janet Yellen Subject - Assets

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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.

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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.

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