(Reuters) - ANCHORAGE, Alaska, July 12 - San Francisco
Federal Reserve President Janet Yellen said on Thursday that
current U.S. interest rate policy should promote a gradual drop
in inflation but risks remain skewed toward higher prices.
As a result, Yellen said, an "asymmetric policy tilt" is
appropriate for the Fed at the moment, along with "considerable
flexibility" in responding to incoming data.
Read more at Reuters.com Bonds News
Federal Reserve President Janet Yellen said on Thursday that
current U.S. interest rate policy should promote a gradual drop
in inflation but risks remain skewed toward higher prices.
As a result, Yellen said, an "asymmetric policy tilt" is
appropriate for the Fed at the moment, along with "considerable
flexibility" in responding to incoming data.
Read more at Reuters.com Bonds News
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