Speaking on CNBC
- market volatility is typical
- there are risks out there that are being reassessed
- this is a natural thing going in financial markets
- long-term growth rate for US economy is about 2%
- there's some slowing in growth, still above average
- Fed to track economy, data to determine hiking path
- says her Long-run federal funds rate is 3%
- economy is sliding down from very strong pace
- global economy is slowing, tariffs and uncertainty
- that needs to gradually remove combination
- firms are telling us they are raising wages
- Fed focuses on goals, sets policy as a apolitical group
