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- Opening remarks of FED chairwomen, Janet Yellen, in front of the US senate
Opening remarks of FED chairwomen, Janet Yellen, in front of the US senate
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Cautious approach on rates allows time to assess if economic growth is rebounding and if outlook for labor market, inflation will improve
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Available indicators point to 'noticeable step-up' in Q2 GDP. Consumer spending helped by solid income growth
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Fed to assess whether growth, jobs and inflation will gain
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China faces significant challenges to rebalancing
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Pickup in household spending makes her optimistic that jobs market and overall economy will improve over next few months
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Reiterates that FOMC expects to gradually raise rates
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Tentative signs of wage growth finally picking up
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Watching jobs market carefully to see if slowdown transitory
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Stock market forward P/E ratios well above three-decade median.
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