This press conference is a regular follow-up designed to offer more transparency for the central bank. Earlier in their official statement the Federal Reserve stated the following:
- FOMC Maintains Federal Funds Range of 0.25 Percent To 0.50 Percent
- Fed Sees Near-Term Risks to Economy; Roughly Balanced
- Fed Says Household Spending Has Been Growing Strongly, Labor Market Continues To Strengthen
And now here's Chairwoman Janet Yellen speaking to reporters and taking questions:
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