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Fed could delay raising interest rates, even reducing or negative rates, Janet Yellen indicates

Fed could delay raising interest rates, Janet Yellen indicates - LA Times: “Foreign economic developments, in particular, pose risks to U.S. economic growth,” Yellen said. But she tried to allay concerns by saying that “recent economic indicators do not suggest a sharp slowdown in Chinese growth.”

Still, she noted that uncertainty about the global economy triggered “increased volatility” in financial markets and “exacerbated concerns” about worldwide growth. Yellen said she and other members of the policymaking Federal Open Market Committee are “closely monitoring global economic and financial developments” and assessing what it means for the U.S.

It was clear that Yellen wanted to keep her options open and not get boxed in at a time when experts are mixed about the Fed's best course of action and whether rates should be cut or raised.
Fed could delay raising interest rates, even reducing or negative rates, Janet Yellen indicates SocialTwist Tell-a-Friend

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