Yellen: Rates to stay low for considerable period

|By:, SA News Editor

The economy is strong enough to bring down the unemployment rate, says Janet Yellen in introductory remarks at her press conference, but not so strong as to raise the inflation level. Rates will stay lower than "normal," she says, for a considerable period after inflation and unemployment move back to target.

The Fed will look at "a wide range of indicators," she says, but which data is key is a moving target.

The Q&A is just getting underway.

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