 "Janet Yellen, Federal Reserve Chair")
Federal Reserve Chair Janet Yellen said more interest-rate increases will be appropriate if the economy meets the central bank’s outlook of gradually rising inflation and tightening labour markets.
“At our upcoming meetings, the committee will evaluate whether employment and inflation are continuing to evolve in line with these expectations, in which case a further adjustment of the federal funds rate would likely be appropriate,” she told the Senate Banking Committee in prepared remarks Tuesday.
Today’s semiannual report on monetary policy is her first since Donald Trump became president after vowing to boost US growth, which could push the
“At our upcoming meetings, the committee will evaluate whether employment and inflation are continuing to evolve in line with these expectations, in which case a further adjustment of the federal funds rate would likely be appropriate,” she told the Senate Banking Committee in prepared remarks Tuesday.
Today’s semiannual report on monetary policy is her first since Donald Trump became president after vowing to boost US growth, which could push the
