Political Quotes

Janet Yellen: We certainly felt in December when we made our decision to raise rates that the economy was recovering, that inflation…

On the recordFebruary 10, 2016
We certainly felt in December when we made our decision to raise rates that the economy was recovering, that inflation would move up, and it would likely be appropriate to gradually continue to raise rates, not to cut them.
Said by
Janet Yellen
Democratic · California

Editor's note · Context

Yellen explains the rationale behind the decision to raise interest rates.

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