No one is out to suggest the economy is doing a major turnaround because of this number, but we now need to see a clutch of data that suggests that this is a one-off. Fed Chair Janet Yellen More Quotes by Fed Chair Janet Yellen More Quotes From Fed Chair Janet Yellen The New York Fed systems weren't compromised but they are looking at their processes, looking at what's best practices, looking at the possibility of enhanced monitoring for certain kinds of transactions. Fed Chair Janet Yellen business The pace of improvement in the labor market appears to have slowed more recently, suggesting that our cautious approach ... remains appropriate, proceeding cautiously in raising the federal funds rate will allow us to keep the monetary support to economic growth in place while we assess whether growth is returning to a moderate pace, whether the labor market will strengthen further, and whether inflation will continue to make progress. Fed Chair Janet Yellen top-news The U.S. economy has continued to progress in a satisfactory way. We continue to see good job performance, some evidence of inflation moving up, so that was our expectation when we raised rates in December. Fed Chair Janet Yellen business It depends in part on whether they persist. Fed Chair Janet Yellen top-news I wouldn't take those off the table. Fed Chair Janet Yellen business I don't expect the (Federal Open Market Committee) is going to be soon in the situation where it is necessary to cut rates, there is always a risk of a recession...and global financial developments could produce a slowing in the economy. Fed Chair Janet Yellen most-read-articles Our tools are not ones that can be targeted at particular groups. Fed Chair Janet Yellen most-read-articles These developments, if they prove persistent, could weigh on the outlook for economic activity and the labour market. Fed Chair Janet Yellen most-read-articles We do our darndest to pull together the best analysis we can. Fed Chair Janet Yellen most-read-articles The outlook abroad appears to have become less certain. Fed Chair Janet Yellen company-news You see this decline in liquidity in some measures, but not others. Fed Chair Janet Yellen business I would highlight that equity market valuations at this point generally are quite high, there are potential dangers there... We've also seen the compression of spreads on high-yield debt, which certainly looks like a reach for yield type of behavior. Fed Chair Janet Yellen company-news We need to be attentive to the possibility that when New York Fed decides it's time to begin raising rates, these term premiums could move up and we could see a sharp jump in long-term rates. Fed Chair Janet Yellen company-news
