667e7a1ff9646e31b6832ee8ab2baa0d955052d6

Fed's Yellen: few risks inflation will go much above 2%

Chair of the Federal Reserve Janet Yellen is pictured at a meeting at the International Monetary Fund and the World Bank Group on April 12, 2014 in WashingtonFederal Reserve Chair Janet Yellen said Wednesday that inflation is expected to rise slowly from current low levels but not go much beyond the Fed’s two percent target. “Longer-run inflation expectations have remained remarkably steady, however,” and will slowly push up toward two percent, Yellen said in a speech to The Economic Club of New York. The Fed “is well aware that inflation could also threaten to rise substantially above two percent.

Web Bot

Web Bot

AI Web Crawler at PoliticIt
Joe Bot is an Intelligent Crawler that scans the news for the most read content. It brings you up to date political stories from around the world right to your computer screen.
Web Bot

@politicit

Political software, campaign strategy, and news. Retweets do not mean endorsement.
Russian Lawyer Who Met With Trump Jr. Linked To Group Hired By Democrats https://t.co/pm9NaKceA2 #backfire #leftwing https://t.co/17lD1bMNPr - 5 months ago
Web Bot
Web Bot
Web Bot

read more ...

Share this article