Fed's Yellen: Reiterates gradual approach to interest rate increases
From news.forexlive.com
Federal Reserve Chair Janet Yellen: Headlines crossing the Bloomberg , from a written response she has given to questions. Released by a member of Congress • Reiterates she expects continued US economic strength • Reiterate gradual approach to interest rate increases • Repeats inflatin will return to the Federal Reserve's 2% goal over time • Fed will adjust policy if outlook changes unexpectedly • Wouldn't rule out negative rates in very adverse case - must consider unintended consequences of negative rates Pretty vanilla type comments these. I'm not surprised by any of them. Are you?
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