Inflation of 2% is a target, not a ceiling, Yellen says.
By Rich Miller, Christopher Condon and Jeanna Smialek, Bloomberg|March 16, 2017 at 03:28 AM|Originally published on Treasuryandrisk.Com
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Federal Reserve Chair Janet Yellen sought to reassure investors that the central bank’s latest interest-rate increase wasn’t a paradigm shift to a trigger-happy policy driven by fears of faster inflation.