There is room for more wage growth before seeing inflation pressure says Yellen

Plenty of room I’d say

She says that wages are not showing signs of speeding inflation but that the Fed are closely watching for any signs of wage pressures

  • Prefers using regulation to ensure financial stability but won’t take off table using policy for stability
  • QE is not on a pre-set course
  • Fed would have to lose confidence in labour market and see a rise in inflation to alter pace of QE

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