Yellen calls for “sustainable” fiscal policy

Federal Reserve chair Janet Yellen
US Fed chair Janet Yellen

US Federal Reserve chair Janet Yellen warned of the need to keep US fiscal policy on a "sustainable" path, in comments that could put her on a collision course with the administration of President Trump.

The outlook for US economic policy was "uncertain" and monetary policy was "not on a pre-set course", the Fed chair said yesterday (February 14). Changes in fiscal policy or other initiatives by the new Trump administration could "potentially affect the economic outlook", she added.

Fiscal polic