Yellen Offers Subtle Change to Inflation, Job-Market Outlook

Updated on
  • Previously said caution ‘will allow us to verify’ gains
  • Fed chair says central bank still expects ‘gradual’ rate hikes

Janet Yellen's Senate Testimony in Two Minutes

By offering a subtle change to her outlook from less than a week ago, Federal Reserve Chair Janet Yellen pushed the prospect of additional interest rate increases further into the future.

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