• Yellen: can be quite dangerous to allow inflation to drift down and miss target over time

Notícias do Mercado

22 novembro 2017

Yellen: can be quite dangerous to allow inflation to drift down and miss target over time

  • Inflation below target; appropriate to gradually raise rates

  • 'reasonably close' to inflation, employment goals; 4.1 pct unemployment at or below goal

  • Raising rates key to dealing with potential future negative shock

  • Inflation expectations have not drifted down too much

  • Wants to avoid 'boom and bust' U.S. economy

  • Raising rates too slowly risks tightening labor market too much

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