Yellen: We are watching global markets very carefully
Yellen talking markets
- There would seem to be increased recession fears
- We've not yet seen a sharp drop off in growth, either globally or in the United States
- We certainty recognize that global financial conditions bear close monitoring
- Monetary policy is not on a pre-set course
- It appears stresses this year relate to uncertainties regarding China
More:
- I do not expect the US will soon be in a situation where it's necessary to cut rates
- I continue to think many of the factors holding down inflation are transitory
- We don't want to jump to conclusions on the US economy
- We're watching inflation expectations
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
