Yellen cautions against being overly-optimistic
Clip: 7/15/2014 | 9m
Yellen cautions against being overly-optimistic before raising interest rates
Federal Reserve chairwoman Janet Yellen told a Senate hearing Tuesday that the Fed remains on course to end a stimulus program of monthly bond purchases in October. But, she gave no indication of when the central bank might begin raising a key short-term interest rate. For a closer look at her remarks, Gwen Ifill turns to Greg Ip of The Economist and Diane Swonk of Mesirow Financial.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...
Yellen cautions against being overly-optimistic
Clip: 7/15/2014 | 9m
Federal Reserve chairwoman Janet Yellen told a Senate hearing Tuesday that the Fed remains on course to end a stimulus program of monthly bond purchases in October. But, she gave no indication of when the central bank might begin raising a key short-term interest rate. For a closer look at her remarks, Gwen Ifill turns to Greg Ip of The Economist and Diane Swonk of Mesirow Financial.
Problems playing video? | Closed Captioning Feedback
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...