US Treas Sec Yellen says she is not predicting or recommending Fed rate rises

Author: Eamonn Sheridan | Category: Central Banks

Yellen says inflation is transitory, does not anticipate inflation will be a problem in the US economy

  • Adds that the Fed has tools to address inflation
  • Expects a rise in labour force participation 
  • important to maintain fiscal space to address a future emergency
Y speaking at a WSJ event. Yellen singing from the same song sheet as the Fed on 'transitory inflation and no rate rises. 

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