Yellen Speech: If Fed view changes on inflation, it would require an alteration in monetary policy

Eren Sengezer FXStreet

Janet Yellen, Chairwoman of the Federal Reserve, is responding to questions from the press, with key headlines, via Reuters, found below:

Low inflation this year is more broad-based than just due to certain factors
Resumption of forward guidance would also be available if economy materially weakened
Fed needs to figure out whether factors that lowered inflation are transitory or persistent
If fed view changes on inflation, it would require an alteration in monetary policy

Key headlines:

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About Janet Yellen

Janet L. Yellen took office as Chair of the Board of Governors of the Federal Reserve System on February 3, 2014, for a four-year term ending February 3, 2018. Dr. Yellen also serves as Chairman of the Federal Open Market Committee, the System's principal monetary policymaking body.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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