OECD Warns of Low Growth Trap

The global economy is slipping into a self-fulfilling “low-growth trap” where ultra-loose monetary policy risks doing more harm than good, the Organisation for Economic Cooperation and Development warned. Bloomberg's Caroline Hyde reports on "Bloomberg ‹GO›." (Source: Bloomberg)

Yellen Says Nothing Set in Stone About Path of Policy
27:32 - Federal Reserve Chair Janet Yellen speaks at a news conference in Washington about the path of Fed policy. (Source: Bloomberg)
  • Yellen Says She Intends to Serve Out Term as Chair
  • Yellen Says Gradual Rate Hikes Are Still Warranted
  • Yellen Says Balance-Sheet Unwind Will Be Predictable