Yellen Stresses Need for Flexibility of Fed Policy - KTVN Channel 2 - Reno Tahoe Sparks News, Weather, Video

Yellen Stresses Need for Flexibility of Fed Policy

Posted: Updated:

Federal Reserve Chair Janet Yellen says the Fed must remain intent on adjusting its policy as needed to respond to unforeseen economic challenges.
 
In her first major speech on Fed policy, Yellen is seeking to explain the Fed's shifting guidance on its interest-rate policy, which at times has confused or jarred investors. She said the Fed's policies on interest rates "must respond to significant unexpected twist and turns the economy may make."
 
Yellen says the Fed has faced numerous challenges in its efforts to invigorate the economy's recovery from the Great Recession.
 
She says the Fed's forecast for moderate growth has changed little since last fall despite the severe winter. She says Fed officials still see only a gradual return to full employment over the next two to three years. (AP)

  • NewsMore>>

  • Reno 1868 FC's Season Comes to an End with Playoff Loss to OKC

    Reno 1868 FC's Season Comes to an End with Playoff Loss to OKC

    Sunday, October 22 2017 1:01 AM EDT2017-10-22 05:01:27 GMT

    Reno 1868 FC’s magical inaugural season came to an end Saturday night in the USL’s Western Conference quarterfinals. (3) Reno suffered a 1-0 loss to (6) OKC Energy FC after OKC’s only goal was scored by forward Wojciech Wojcik. Reno 1868 FC finished their season 17-7-8 ranking them third in the Western Conference.

    More >>

    Reno 1868 FC’s magical inaugural season came to an end Saturday night in the USL’s Western Conference quarterfinals. (3) Reno suffered a 1-0 loss to (6) OKC Energy FC after OKC’s only goal was scored by forward Wojciech Wojcik. Reno 1868 FC finished their season 17-7-8 ranking them third in the Western Conference.

    More >>
  • Sparks Armed Robbery Suspect On-the-Run

    Sparks Armed Robbery Suspect On-the-Run

    Sunday, October 22 2017 12:35 AM EDT2017-10-22 04:35:27 GMT

    Sparks Police are searching for a suspect in an armed robbery early Saturday morning. 

    More >>

    Sparks Police are searching for a suspect in an armed robbery early Saturday morning. 

    More >>
  • Prescription Round Up

    Prescription Round Up

    Saturday, October 21 2017 8:05 PM EDT2017-10-22 00:05:59 GMT

    The Washoe county sheriff office, as well as both Reno and sparks police departments, held their semi-annual prescription round up. These drug round-ups see a lot of different medications, in fact last April they had a little over 400 pounds!                 These events allow people to dispose of medications that may fall into the wrong hands.            ...

    More >>

    The Washoe county sheriff office, as well as both Reno and sparks police departments, held their semi-annual prescription round up. These drug round-ups see a lot of different medications, in fact last April they had a little over 400 pounds!                 These events allow people to dispose of medications that may fall into the wrong hands.            ...

    More >>
Powered by Frankly
All content © Copyright 2000 - 2017 Sarkes Tarzian, Inc. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.