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Takeaways from Janet Yellen's press conference

Rates will rise gradually, the global economy looks better, but businesses are still in wait-and-see mode
Monday, March 20, 2017 - 05:50

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Ms Yellen: "The simple message is the economy's doing well. We have confidence in the robustness of the economy and its resilience to shocks. It's performed well over the last several years."

LAST Wednesday, Fed chairman Janet Yellen met the press after announcing a second rate hike in three months.

Today, we highlight the important takeaways in an edited transcript of the conference.

Fed hike doesn't mean views on economy changed

Yellen

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