8 Apr 2016
Yellen sounding less dovish
The Federal Reserve's Chairwomen, Janet Yellen, has been speaking, albeit a little less dovish than recent rhetoric that the U.S. is close to a congressional mandate of maximum employment.
Key Quotes:
"Labor market is vastly improved."
"Economy on path for further rate increases"
"Focused on moving inflation to 2 pct."
"We are making progress on inflation."
"Low inflation is transitory."
"We are making progress on inflation."
"There is some evidence of inflation moving up."
"US on solid course, not a bubble economy."