• Fed Chairwoman Janet Yellen: the Fed’s cautious approach in hiking interest rate should help to avoid “the big mistakes”

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13 abril 2016

Fed Chairwoman Janet Yellen: the Fed’s cautious approach in hiking interest rate should help to avoid “the big mistakes”

Fed Chairwoman Janet Yellen said in an interview with Time Magazine that the Fed's cautious approach in hiking interest rate should help to avoid "the big mistakes". She noted that it was the appropriate approach as there was uncertainty.

"In such an environment, it makes sense to use a risk-management approach to identify and avoid the big mistakes. That's one reason I favour a cautious approach," Yellen said.

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