US Central Bank President Janet Yellen, began his speech in Jackson Hole. Yellen, "factor supporting the interest rate hikes in the US has been strengthened in recent months. Done gradually in accordance with the rate hike, "he said. The dollar rose late to fall again after the first response.
Yellen, "Economy rate was closer to the Fed's employment and growth objectives. The Fed's monetary policy does not follow a predetermined line, it is developing based on the data. Forward-looking guidance and bond purchases by the Fed's policy will be among the tools, "he continued.
Fed Chairman, "the Fed against the slowdown in the different types that may arise in the future to evaluate the purchase of bonds. The Fed's inflation target and important research subjects to raise the GDP, "he said.
the United States held in Jackson Hole in Wyoming Yell international conference of central banks, the interest rates in the US, as expected, did not provide information on when to rise.
However, Yellen pointed out in a wide range of objectives they have set for kapsadığına interest increases, the shocks that may occur in the economy was also underlined that it might cause changes in the target.
instead of high rates of interest rate hikes in the speech, Yellen also reiterated earlier would be suitable as stated by the gradual increase in the growth rate of the economy, stressing that employment and growth levels closer to their target.
MOVING MINUTES in DOLLARS
Janet Yellen, the movement in the dollar after saying that the factors supporting the increase in the US interest rate hikes were seen.
Dollar 2.9490 seviyesindeyken 17:15 to 17:01 waters fell to 2.9235.
Yellen, "Economy rate was closer to the Fed's employment and growth objectives. The Fed's monetary policy does not follow a predetermined line, it is developing based on the data. Forward-looking guidance and bond purchases by the Fed's policy will be among the tools, "he continued.
Fed Chairman, "the Fed against the slowdown in the different types that may arise in the future to evaluate the purchase of bonds. The Fed's inflation target and important research subjects to raise the GDP, "he said.
the United States held in Jackson Hole in Wyoming Yell international conference of central banks, the interest rates in the US, as expected, did not provide information on when to rise.
However, Yellen pointed out in a wide range of objectives they have set for kapsadığına interest increases, the shocks that may occur in the economy was also underlined that it might cause changes in the target.
instead of high rates of interest rate hikes in the speech, Yellen also reiterated earlier would be suitable as stated by the gradual increase in the growth rate of the economy, stressing that employment and growth levels closer to their target.
MOVING MINUTES in DOLLARS
Janet Yellen, the movement in the dollar after saying that the factors supporting the increase in the US interest rate hikes were seen.
Dollar 2.9490 seviyesindeyken 17:15 to 17:01 waters fell to 2.9235.
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