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Yellen's Signals On Interest Rates Still Unclear
ResumeFederal Reserve Chair Janet Yellen spoke at an annual Fed conference in Jackson Hole, Wyoming, today and offered no clear sign the Fed would raise interest rates this year.
Yellen's remarks were highly anticipated, as the economy and labor market improves. But disagreement among Fed officials is growing over fears the U.S. isn't getting a handle on inflation before it becomes a problem.
Yellen said Friday that while unemployment has gone down, other economic indicators have been harder to evaluate.
Guest
- Michael Regan, editor for Bloomberg News. He tweets @Reganonymous.
This segment aired on August 22, 2014.