Federal Reserve Chairman Janet Yellen will speak about macroeconomic research after the financial crisis at the Boston Fed's 60th Economic Conference, "The Elusive 'Great' Recovery:Causes and Implications for Future Business Cycle Dynamics", in Boston.
Janet Yellen underscored the importance of inflation expectations in today's speech at the Boston Fed's economic conference, saying they are key to formulating monetary policy and need to be better understood. She also cited the possible future need, one tied to low interest rates, to target explicit inflation rates. Yellen did not comment on current economic conditions or monetary policy.
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