Despite dip in unemployment, Yellen says Fed will hold low short-term interest rates for now

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Summary: In her first news conference, Janet Yellen announced that the Federal Reserve will continue its suppression of short-term interest rates. Yellen, who was the Fed’s vice-chair under Ben Bernanke, also discussed how her role has changed. Gwen Ifill gets an assessment of Yellen’s remarks from David Wessel of the Brookings Institution.

Despite dip in unemployment, Yellen says Fed will hold low short-term interest rates for now

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