Fed's Yellen: It's uncertain just how much sentiment impacts spending decisions

Janet Yellen, the Chair of the Board of Governors of the Federal Reserve System, continues to respond to questions from the press:

Key quotes (via Reuters)

• Global economy is doing better
• It's uncertain just how much sentiment impacts spending decisions
• Most of business people fed has talked to say they have 'wait and see' attitude on trump fiscal plans
• Would welcome stronger economic growth
• Have not seen hard evidence of changes in spending decisions based on fiscal plans
• If we see major shift in spending, could very well affect economic outlook
• Fiscal policies that speed growth should be considered by Trump administration