Yellen talks about monetary policy, economy in second day of Congress testimony
2017-02-15 16:29:34 GMT (Economies.com)
Yellen talks about monetary policy, economy in second day of Congress testimony

Fed Chair Janet Yellen presented the second part of her testimony ahead of Congress, saying the current monetary policy is appropriate for the conditions, and that the liquidity level in the markets is appropriate as well and the bank won't intervene to change it.
 
Yellen asserted that the current policy remains accommodative, in order to support growth, specially as the U.S. economy recovers and registers growth rates higher than the Eurozone after the suffering of the household sector in recent years following the global financial crisis.
 
The goal of the Federal Reserve remains to achieve full employment and carry inflation towards the 2% target, and while inflation does near the target, the Fed will tighten its policy accordingly by increasing interest rates.

 
 
 
  Symbol Last Change Chg.%
1.1839
0.0047
0.3986%
1.3295
0.0080
0.6050%
17.118
-0.195
1.126%
58.565
1.930
3.408%
63.54
0.00
0.00%
1290.510
-3.850
0.297%
 
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