Janet Yellen actually said...

You should be aware that interest rates are likely to rise and that will raise the interest cost of the debt.

07/14/2015

More Janet Yellen Quotes

"So I would push back against the notion that we are unduly affected by the ups and downs of the stock market."

"Arguably, yes."

"We clearly want to see continued improvement in the labor market, and we want to do nothing that would threaten that."

"My own preference would be to be able to proceed to tighten in a prudent and gradual manner..."