Quotes from the news wire:
The pace of improvement in the labor market appears to have slowed more recently, suggesting that our cautious approach... remains appropriate.
– Federal Reserve Chair Janet Yellen
Found on Reuters 7 years ago
I think it’s fair to say that it was one of the factors that factored into today’s decisions.
– Federal Reserve Chair Janet Yellen
Found on Reuters 7 years ago
If incoming data are consistent with labor market conditions strengthening and inflation making progress toward our 2 percent objective, as I expect, further gradual increases in the federal funds rate are likely to be appropriate.
– Federal Reserve Chair Janet Yellen
Found on Reuters 7 years ago
If incoming data are consistent with labor market conditions strengthening and inflation making progress toward our 2-percent objective, as I expect, further gradual increases in the federal funds rate are likely to be appropriate.
– Federal Reserve Chair Janet Yellen
Found on Reuters 7 years ago
It's appropriate... for the Fed to gradually and cautiously increase our overnight interest rate over time, and probably in the coming months such a move would be appropriate.
– Federal Reserve Chair Janet Yellen
Found on Reuters 7 years ago
It's appropriate ... for the Fed to gradually and cautiously increase our overnight interest rate over time, and probably in the coming months such a move would be appropriate.
– Federal Reserve Chair Janet Yellen
Found on Reuters 7 years ago
Global developments pose ongoing risks.
– Federal Reserve Chair Janet Yellen
Found on Reuters 7 years ago
Given the risks to the outlook, I consider it appropriate for the Committee to proceed cautiously in adjusting policy.
– Federal Reserve Chair Janet Yellen
Found on Reuters 7 years ago
Should any of these downside risks materialize, foreign activity and demand for U.S. exports could weaken and financial markets could tighten further.
– Federal Reserve Chair Janet Yellen
Found on Reuters 7 years ago
Ongoing employment gains and faster wage growth should support the growth of real incomes and therefore consumer spending.
– Federal Reserve Chair Janet Yellen
Found on Reuters 7 years ago
These developments if they prove persistent, could weigh on the outlook for economic activity and the labor market.
– Federal Reserve Chair Janet Yellen
Found on Reuters 7 years ago
I think we have a far more resilient system now than prior to the financial crisis.
– Federal Reserve chair Janet Yellen
Found on Reuters 7 years ago
If the incoming information supports that expectation, then our statement indicates that December would be a live possibility.
– Federal Reserve Chair Janet Yellen
Found on Reuters 8 years ago
What the committee has been expecting is that the economy will continue to grow at a pace that is sufficient to generate further improvements in the labor market and to return inflation to our 2 percent target over the medium term, if the incoming information supports that expectation, then our statement indicates that December would be a live possibility.
– Federal Reserve Chair Janet Yellen
Found on Reuters 8 years ago
Considerable historical evidence suggests that inflation will eventually begin to rise as resource utilization continues to tighten.
– Federal Reserve Chair Janet Yellen
Found on Reuters 8 years ago
It remains very depressed, housing starts below levels that seem consistent with underlying demographics.
– Federal Reserve Chair Janet Yellen
Found on FOX News 8 years ago
Most FOMC participants, including myself, currently anticipate that achieving these conditions will likely entail an initial increase in the federal funds rate later this year, followed by a gradual pace of tightening thereafter.
– Federal Reserve Chair Janet Yellen
Found on Reuters 8 years ago
Prospects are favorable for further improvement in the U.S. labor market and the economy more broadly, low oil prices and ongoing employment gains should continue to bolster consumer spending, financial conditions generally remain supportive of growth and the highly accommodative monetary policies abroad should work to strengthen global growth.
– Federal Reserve Chair Janet Yellen
Found on FOX News 8 years ago
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