Fed's Yellen: 'Fully My Intention' to Serve Out My Term

The transcript discusses the speaker's intention to serve their full term as chair of the Federal Reserve, despite uncertainties introduced by the election outcome. It highlights market reactions, such as increased treasury yields and a stronger dollar, which suggest expectations of a fiscal package with expansionary policy. The speaker emphasizes the uncertainty in the current economic landscape and the need to adapt policy responses as the situation evolves.

What does the speaker mean by saying there is a great deal of uncertainty right now?

What factors will the Fed consider when updating their economic outlook?