Economics
Yellen Warns Anecdotal Signs Show Businesses Putting a Pause on Spending
- ‘Less synchronized global growth’ ahead after breakneck 2018
- Possible we’ve seen last rate hike of the cycle, Yellen says
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On paper, it still looks like a dynamite macroeconomic environment in the U.S. But outside the numbers, some cracks are starting to emerge, said Former Federal Reserve Chair Janet Yellen.
“All the hard data that we have on economic activity suggests that things are in good shape,’’ Yellen said during an onstage interview at the National Retail Federation’s annual trade show in New York City.