More from current chair of the Federal Reserve Janet Yellen:
- Labor market is vastly improved
- Not shooting for inflation above 2 pct
- Progress of US economy is satisfactory
- There is some evidence of inflation moving up
- Economy on path for further rate increases
- Has no goal for value of dollar
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Yellen sounding a little less dovish than recently.
Not hawkish, just a little less dovish.
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ps. She is also commenting on TBTF policy