Fed Chairwoman Yellen: More Jobs Expected In USA day after addressing a senate committee, Federal Reserve Chairwoman Janet Yellen was back on Capitol Hill Wednesday.
Fed Chair Yellen: 'Too Early To Know What Policy Changes Will Be Put In Place'Federal Reserve Chairwoman Janet Yellen said Tuesday the central bank will "evaluate whether employment and inflation are continuing to evolve in line with [the Fed's] expectations, in which case a further adjustment of the federal funds rate would likely be appropriate."
Janet Yellen's Fed Faces A Tricky Rates Dilemma In 2017As was expected, the Feds raised interest rates and now banks will likely pass their higher costs to consumers and companies leading to high borrowing rates throughout the economy.
