22 Nov 2017
Yellen: key takeaways ahead of today's FOMC minutes - UOB
Ahead of today's FOMC minutes, analysts at UOB Group noted the tone from Yellen overnight.
Key Quotes:
"Federal Reserve chair Janet Yellen, who spoke at New York University’s Stern School in one of the last appearances of her tenure at the central bank, said the Fed is “reasonably close” to its goals and should keep gradually raising US interest rates to avoid the dual pitfalls of letting inflation drift below target for too long, and of driving unemployment down too far."