CSPAN Federal Reserve Chair Yellen News Conference December 17, 2017
Fostering a return of inflation to 2 consistent with the maximum employment and price stability objectives assigned to us by law. The decision i will review recent Economic Development in the outlook. Following a slowdown in the first quarter, Economic Growth steps into a solid 3. 25 pace in the second and third quarters of the year. Household spending has been expanding at a moderate rate. Business investments have picked up. Favorable Economic Conditions abroad supported exports. Overall, we can continue to expect the economy will expand. T a moderate pace while changes in tax policy will li...