Yellen: Appropriate for Fed to Increase Rates

The speaker addresses an audience that delayed their trip to hear about potential market impacts. The talk covers the improving economy, noting weak growth in previous quarters but signs of recovery. The speaker emphasizes monitoring data and assessing risks, suggesting a gradual increase in interest rates by the Fed in the coming months.

How does the speaker describe the economic growth observed in the first quarter of the year?

What are the risks that the speaker mentions regarding the economic outlook?