- Analytics
- News and Tools
- Market News
- Fed Chairwoman Janet Yellen: the Fed will hike its interest rate gradually
Fed Chairwoman Janet Yellen: the Fed will hike its interest rate gradually
Fed Chairwoman Janet Yellen said in a speech to the Economic Club of New York on Tuesday that the Fed would hike its interest rate gradually. She did not mention the timing of possible interest rate hikes.
Yellen noted that the Fed should be cautious in hiking rates as risks from global economic and financial developments rose since December.
"Given the risks to the outlook, I consider it appropriate for the Committee to proceed cautiously in adjusting policy," Fed chairwoman said.
Yellen pointed out that the Fed could cut its interest rate if needed.
"If the expansion was to falter or if inflation was to remain stubbornly low, the FOMC would be able to provide only a modest degree of additional stimulus by cutting the federal funds rate back to near zero," she noted.
© 2000-2025. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
