Federal Reserve Chair Janet Yellen has eased investor concern that interest rates may rise earlier than previously forecast

Federal Reserve Chair Janet Yellen has eased investor concern that interest rates may rise earlier than previously forecast. Yellen said the world's biggest economy will need Fed stimulus for some time. Yellen added the Fed had still not done enough to combat unemployment despite interest rates at near zero and a balance sheet stimulated with $4.2trillion of bond purchases. This extraordinary commitment is still needed and will be for some time, and I believe that view is widely shared by my fellow policy makers. Read More: (VIEW LINK)