Yellen Says Don't Jump to Conclusions on Job Market

Yellen Says Don't Jump to Conclusions on Job Market Play

Feb. 11 (Bloomberg) -- Federal Reserve Chairman Janet Yellen says policy makers should take time to assess the health of the U.S. labor market and "not jump to conclusions" after reports showed lower-than-forecast payrolls growth in December and January. Yellen, responding to questions before the House Financial Services Committee in Washington, said a "notable change in the outlook" may prompt the Fed to consider pausing its bond-purchase tapering. (This is an excerpt. Source: Bloomberg)

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

blog comments powered by Disqus