Monetary Policy and the Economy
Federal Reserve Chair Janet Yellen spoke to reporters about monetary policy following the September 16-17, 2014, Federal Open Market Committ… read more
Federal Reserve Chair Janet Yellen spoke to reporters about monetary policy following the September 16-17, 2014, Federal Open Market Committee meeting. She announced that short-term interest rates would remain near zero for a “considerable time” as the economy continued to grow at a slow pace. She also discussed current labor market conditions as well as the Federal Reserve’s continuation of a reduction in asset purchases from its bond-buying “quantitative easing” stimulus program. close
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