Fed Chair Yellen: Case for a Rate Hike Remains Strong

The transcript discusses the economic outlook, highlighting consistent evidence of growth and labor market improvements since November. It mentions the strengthened case for increasing the federal funds rate and the committee's judgment. Future economic policies by Congress and the administration will be considered, and their impacts on employment and inflation will be assessed. The economy is making good progress towards its goals, and the committee's previous judgment remains valid.

What evidence supports the expectation of strengthening growth mentioned in the text?

How does the committee's judgment from November relate to the current economic outlook?

What factors might the committee consider when assessing economic policies in the future?

What dual mandate objectives are mentioned in the text, and how do they relate to policy stance?

In what ways does the text suggest that the economy is making progress toward its goals?