Janet Yellen's Senate Testimony in Two Minutes

The transcript discusses the continuation of monetary support to foster economic growth and the reduced reliance on forward guidance post-financial crisis. It highlights optimism for stronger job gains and economic growth. The potential implications of Brexit on financial markets and the US economy are considered, with a focus on possible volatility. Lastly, the legal basis for pursuing negative interest rates is acknowledged, though it is not currently being considered.

What factors are being monitored regarding inflation and economic growth?

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What is the legal basis for pursuing negative interest rates?

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