2017-04-10 — bloomberg.com
"The appropriate stance of policy now is closer to, let me call it neutral," Yellen said in response to questions during an event at the Gerald R. Ford School of Public Policy at the University of Michigan.
Yellen said she expected the economy to continue to grow at a moderate pace and that gradual interest-rate increases "can get us where we need to be."
Yellen, whose term as chair ends early next year, said it's as important to avoid moving rates too slowly as it to avoid moving too rapidly.
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