You are here

Yellen signals Fed shifting focus to sustaining growth

Wednesday, April 12, 2017 - 05:50

BT_20170412_NAHFED12_2835899.jpg
"Looking forward, I think the economy is going to continue to grow at a moderate pace. Our job is going to be to try to set monetary policy to sustain what we have achieved," says Ms Yellen.

New York

JANET Yellen, the Federal Reserve chairwoman, said on Monday that the Fed was shifting its focus from stimulating the economy to keeping growth on an even keel.

She said the economy was "pretty healthy", thanks in part to the Fed's long-running stimulus campaign, which the

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom