Part-WAS-Was8835592-1-1-0

Yellen: US jobs market 'yet to fully recover'

File picture shows Federal Reserve Chair Janet Yellen testifying before the House Financial Services Committee on Capitol Hill in Washington, DC on July 16, 2014Federal Reserve Chair Janet Yellen on Friday rebuffed pressure from inflation hawks to move faster toward a rate hike, saying the US jobs market still shows slack despite recent gains. In her much-awaited speech on the labor market, Yellen said US monetary policy needed to be pragmatic, not defined by models but focused on what a range of data says. “The assessment of labor market slack is rarely simple and has been especially challenging recently,” she told the symposium.

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