Yellen answers questions
- I don't see the global economy as mainly responsible for low prices
- Cites data plans for cell phones and prescription prices for low inflation but says 'there may be more going on' but it's premature to conclude the trend is 'well short' of 2%
- I regard the inflation risks as two-sided
- We have quite a tight labor market
- Monetary policy is not something that's set in stone
I don't see any kind of shift in these comments.
- Fiscal policy is quite uncertain at the moment
- Access to healthcare is important for job mobility
