Fed Chair Janet L. Yellen at Jackson Hole, Wyoming

https://www.federalreserve.gov/newsevents/speech/yellen20160826a.htm Current economic situation in the US “U.S. economic activity continues to expand, led by solid growth in household spending. But business investment remains soft and subdued foreign demand and the appreciation of the dollar since mid-2014 continue to restrain … Continued

Atlanta Fed President Dennis Lockhart Interview with WSJ

posted in: Federal Reserve, Notes | 0

http://www.wsj.com/articles/transcript-atlanta-feds-dennis-lockhart-interview-in-jackson-hole-wyo-1472320365 The US economy is doing better “I think the U.S. economy is expanding at a modest pace. The second quarter (gross domestic product) number—which was 1.1 (percent annual rate of growth), just revised slightly yesterday—I think overstates the slowdown … Continued

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