There are four major takeaways from Janet Yellen's testimony before the congressional Joint Economic Committee on Wednesday
Livewire
There are four major takeaways from Janet Yellen's testimony before the congressional Joint Economic Committee on Wednesday. 1. Yellen is not worried about weak first-quarter GDP growth (but she is keeping an eye on housing). 2. Yellen is still focusing on alternative measures of labor force slack (other than the unemployment rate). 3. Interest rates could stay low even after inflation and unemployment get back to normal. 4. There's some evidence of risky financial behavior ... but not on a large scale. Read more here: (VIEW LINK)
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Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.
Expertise
No areas of expertise