Thursday, July 5, 2007

Fed policy on target, inflation to ebb: Yellen

(Reuters) - "Upside risks to inflation continue to be present, given the possibility that labor markets are somewhat tight," Yellen said in remarks prepared for delivery by videoconference to a risk management conference in Singapore.




"However, it is also essential that policy retain considerable flexibility in responding to emerging data."


Read more at Reuters.com Business News

No comments: