Janet Yellen Quotes
A higher IOER rate encourages banks to raise the interest rates they charge, putting upward pressure on market interest rates regardless of the level of reserves in the banking sector. While adjusting the IOER rate is an effective way to move market interest rates when reserves are plentiful, federal funds have generally traded below this rate.

Quotes to Explore
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If my books appear to a reader to be oversimplified, then you shouldn't read them: You're not the audience!
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I need a little bass and I don't even need that crazy bass to break your face. I just want it to sound good when I have my favorite song.
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Shakespeare doesn't really write subtext, you play the subtext.
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Myself, I really like the iPad mounted as a frame, with a happy slideshow cycling through.
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I regard sports first and foremost as entertainment, so dry documentary narration is not for me.
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Everything that enlarges the sphere of human powers, that shows man he can do what he thought he could not do, is valuable.
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I think architects tend to believe that they can almost do anything, which is a wonderful characteristic, but in some cases you just fall flat.
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Back in 1975, we were making all the decisions about what people were going to watch.
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They teach anything in universities today. You can major in mud pies.
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In this sport luck and tragedy are only a few hundredths of seconds apart from each other.
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There is nothing unpremeditated, nothing neglected by God. His unsleeping eye beholds all things.
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I can scarcely stand to have a manicure. I have to have them because you don't want to look like a disgusting human being - it's self-care and it has to happen, but I get very restless.
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It's always great playing with other musicians. It's also a great situation where I'm the older guy, I've influenced generations of guitar players.
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As we saw in the Queen's Speech, anti-social behaviour - a phenomenon that I believe to be a genuine worry that is also being fed by a lot of scare stories - is the political theme of the moment.
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There are a lot of critics out there, a lot of people that you want to prove wrong. But that's what your hard work is for in the offseason, spending hours and hours in the gym.
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We should love the body insofar as it is obedient and helpful to the soul, since the soul, with the body's help and service, is better disposed for the service and praise of our Creator and Lord.
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Thank God I'm with the love of my life. That's why I know I'm right where I'm supposed to be.
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Wasting our time? This is a waste of time, to live in peace and plenty with my wife and children? May I waste the rest of my life, then.
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I know how to tell a story to a thousand people. Sometimes I don't know how to tell a story to a piece of tape on a wall and a camera.
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Workers and jobs are naturally heterogeneous, and the quality of their interaction when paired is difficult to forecast.
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I had given up some youth for knowledge, but my gain was more valuable than the loss.
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It is the nature of every person to error, but only the fool perseveres in error.
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A higher IOER rate encourages banks to raise the interest rates they charge, putting upward pressure on market interest rates regardless of the level of reserves in the banking sector. While adjusting the IOER rate is an effective way to move market interest rates when reserves are plentiful, federal funds have generally traded below this rate.