Former Fed Chair Yellen on her Fed outlook: “I fully expect they will do more.”
Former Federal Reserve Chair Janet Yellen spoke overnight in Chicago
- said the Fed has begun to address downside risks
- "I fully expect they will do more."
Yellen 's remarks take on added significance given the FOMC meeting next week. Or maybe not given its almost a done deal there will be a cut.
- we have a healthy economy
- inflation is far below target