Yellen says Fed rate pause 'makes sense'

Holding interest rates steady "for a time" makes sense as monetary policymakers study data about the economy, the president of the San Francisco Federal Reserve said Monday 9 October.

"Holding the stance of policy steady for a time makes sense to me," said San Francisco Fed President Janet Yellen in prepared remarks to an independent bankers' group in California.

She described current interest-rate policy as "moderately restrictive," saying it is appropriate as officials try to temper inflatio

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: