Powered by
Yellen says rate move likely if economic situation evolves as expected
Mar 6, 2017 - SNL Real Estate Daily

Federal Reserve Chair Janet Yellen said the central bank sees employment numbers and inflation in a spot where the Fed can begin unwinding its accommodative monetary policy, perhaps with a rate hike soon.

"I currently see no evidence that the Federal Reserve has fallen behind the curve, and I therefore continue to have confidence in our judgment that a gradual removal of accommodation is likely to be appropriate," Yellen said at the Executives' Club of Chicago on March 3.

Yellen hint

Sign up for unrestricted access to 200+ subscription services.
Already have an account? Click here to login.

RelSci News & Alerts gets you:

  • 5 free articles a month from top subscription outlets like the Financial Times, New York Times, and Washington Post
  • Competitive business intelligence through daily data updates
  • Custom feeds on target high-value individuals, companies, industries, and topics delivered straight to your inbox
Related News Feeds

Mentioned Entities

See how you can reach these people and organizations