TITLE

Fed's Yellen: Data Will Determine Rates

AUTHOR(S)
Siegel, Gary E.
PUB. DATE
April 2006
SOURCE
Bond Buyer;4/19/2006, Vol. 356 Issue 32363, p33
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article highlights the views of Janet Yellen, president of the Federal Reserve Bank of San Francisco, regarding the future of interest rates. Yellen stated that economic data will guide the U.S. Federal Open Market Committee in checking where interest rates is heading. She does not want to prejudge future decisions to raise rates but is extremely sensitive to the implications of incoming data for the estimation of economic growth, employment and inflation.
ACCESSION #
20597490

 

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