Yellen Signals Confidence in Economy Ahead of Fed Meeting

  • Fed chair says conditions have met expectations since October
  • Waiting too long for liftoff risks disruptive tightening

Did Fed Chair Yellen Offer Anything New in Speech?

Federal Reserve Chair Janet Yellen said she’s confident in the outlook for economic growth and warned that waiting too long to end the era of near-zero interest rates could force the central bank to tighten too quickly, which would risk disrupting financial markets and the six-year expansion.

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