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Janet Yellen Sticks to Steady Outlook on Rates

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Live Video: Janet Yellen Speaks on Economic Outlook at Stanford

Live Video: Janet Yellen Speaks on Economic Outlook at Stanford*/

– Federal Reserve Chairwoman talks about the outlook for the economy and monetary policy in an appearance at Stanford University.
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Donald Trump and Janet Yellen Look to Be on a Collision Course

Donald Trump and Janet Yellen Look to Be on a Collision Course*/

– It is Ms. Yellen’s clearest indication to date that the era of extraordinary efforts by the central bank to get the economy back in shape is nearing its end.The Fed has raised short-term interest rates in each of the last two Decembers, and it is looking likely that there will be more than one rate increase this year.She said in her speech that she and her colleagues were expecting to increase the federal funds rate “a few times a year.”Advertisement Continue reading the main storyAs central bankers are wont to do, Ms. Yellen emphasized that those plans were contingent on the economy’s behaving as the Fed expected.
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Janet Yellen Sticks to Steady Outlook on Rates

Janet Yellen Sticks to Steady Outlook on Rates*/

– Federal Reserve Chairwoman Janet Yellen said Thursday she doesn’t see the U.S. economy at risk of overheating and doesn’t expect growth to pick up much soon, comments suggesting the central bank is sticking to its plan of raising interest rates cautiously and gradually in the months ahead.Ms. Yellen’s remarks, prepared for delivery at Stanford University, offered a counterpoint to many investors who think the incoming Trump administration’s plans for tax cuts and more government spending will boost growth, possibly…
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