Yellen: Fed Will Continue Near-Zero Interest Rates Indefinitely

‘It likely will be appropriate to maintain the current target range for the Federal Funds Rate for a considerable time after the asset purchase program ends’

Yellen Says 'Considerable Time' Provides The Fed Flexibility (Business Insider)

Federal Reserve Chair Janet Yellen is speaking after the Fed released its latest monetary policy statement.

As Yellen speaks, the dollar is sliding, as it did immediately after the release of the Fed's statement.

Yellen said that the labor market continues to make "gradual progress" towards the Fed's objectives, but it still hasn't recovered. 

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