Arab Today, arab today fed\s yellen few risks inflation will go much above 2
Last Updated : GMT 09:13:08
Arab Today, arab today
Arab Today, arab today

Fed\'s Yellen: Few risks inflation will go much above 2%

Arab Today, arab today

Arab Today, arab today Fed\'s Yellen: Few risks inflation will go much above 2%

New York - AFP

Federal Reserve Chair Janet Yellen said Wednesday that inflation is expected to rise slowly from current low levels but not go much beyond the Fed's two percent target. The Fed "is well aware that inflation could also threaten to rise substantially above two percent. At present, I rate the chances of this happening as significantly below the chances of inflation persisting below two percent," she said.

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