15 Mar 2017
Fed's Yellen: Basis for rate hike is progress of economy
Janet Yellen, the Chair of the Board of Governors of the Federal Reserve System, responds to questions from the press:
Key quotes
- Policy change does not reflect speculation on trump economic plans
- Economy has been doing nicely
- Met a couple of time with Treasury Secretary Mnuchin
- Fully expects to have strong relationship with Mnuchin
- Briefly met Trump