Janet Yellen's speech: "So far so good'" in reducing fed balance sheet
As part of a larger series of conversations with former BOE Governor Mervyn King, Federal Reserve Yellen's comments are trickling through from an event taking place at New York University.
Janet Yellen's speech and comments as follows:
Janet Yellen's speech: "Must keep an open mind and not be trapped by forecast".
Janet Yellen's speech:During tenure, engaged in 'fundamental rethink of way the economy works".
Janet Yellen's speech: Markets have proven 'a little bit ahead of us' in revising down longer-run normal interest rate in recent years.
Janet Yellen's speech: "So far so good'"in reducing fed balance sheet.
Janet Yellen's speech live feed:
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.