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Beitragvon Xiaoyeshi » 21. September 2018, 03:19

WASHINGTON Discount Usc Trojans Jersey , Sept. 26 (Xinhua) -- U.S. Federal Reserve Chair Janet Yellen said on Tuesday that it's appropriate for the central bank to continue gradually tighten its monetary policy in view of the uncertainties around inflation.


"A gradual approach is particularly appropriate in light of subdued inflation and a low neutral real interest rate, which imply that the FOMC (Federal Open Market Committee) will have only limited scope to cut the federal funds rate should the economy be hit with an adverse shock," Yellen said at the annual meeting of the National Association for Business Economics.


She made the remarks when she referred to the policy implications amid the uncertainties around inflation and neutral interest rate.
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