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- Yellen says Fed expects the job market will strengthen somewhat further
Yellen says Fed expects the job market will strengthen somewhat further
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In third quarter economic growth to be pulled down by hurricanes
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Storm effects are unlikely to alter course of national economy beyond next two quarters
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Says Fed expects the economy to expand at a moderate pace over the next few years
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Says Fed's understanding of forces driving inflation are not perfect
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Believes this year's shortfall in inflation reflects developments unrelated to broader conditions
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Says federal fund rate will not have to rise much further to get to neutral stance
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Inflation running below 2 percent for long time is a concern
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