(Reuters) - ANCHORAGE, Alaska, July 12 - San Francisco
Federal Reserve President Janet Yellen said on Thursday that
current U.S. interest rate policy should promote a gradual drop
in inflation, but the recent rapid deceleration in price
pressures could be hard to sustain.
Risks remain skewed toward higher prices, especially
because of the possibility of wage inflation, meaning an
"asymmetric policy tilt" is appropriate for now, Yellen said.
Read more at Reuters.com Economic News
Federal Reserve President Janet Yellen said on Thursday that
current U.S. interest rate policy should promote a gradual drop
in inflation, but the recent rapid deceleration in price
pressures could be hard to sustain.
Risks remain skewed toward higher prices, especially
because of the possibility of wage inflation, meaning an
"asymmetric policy tilt" is appropriate for now, Yellen said.
Read more at Reuters.com Economic News
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