Janet Yellen: The goals of monetary policy and how we pursue them Speech by Ms Janet L Yellen, Chair of the Board of Governors of the Federal Reserve System, at the Commonwealth Club, San Francisco, California, 18 January 2017. * * * Good afternoon.
It is a pleasure to join all of you at the Commonwealth Club today, not the least because the club and the Federal Reserve have a few things in common. Both organizations, as it happens, have a board of governors and a chair. And both the club’s and the Fed’s histories extend back more than a century.