CSPAN3 Federal Reserve Chair Janet Yellen Announces 14 Percent Rate Hike March 15, 2017
Search neil gorsuch. We will take you live to the News Conference with Federal Reserve chair janet yellen. Good afternoon. Today the federal open Market Committee decided to raise the target range for the federal funds rate by one quarter percentage point, bringing it to three quarters to 1 . Our decision to make another gradual reduction in the amount of policy accommodation reflects the economys continued progress toward the employment and price stability objectives assigned to us by law. For some time, the committee has judged that if Economic Conditions einvolved as anticipated, gradual in...