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Waiting too long to tighten would be unwise - Fed's J.Yellen

At her testimony today, Chair Janet Yellen said:

Waiting too long to tighten would be unwise.

International rules help US competiveness.

Further adjustment likely needed if economy on track.

GBP/USD consolidates losses below 1.2500, ahead of Yellen

GBP/USD bottomed during the European session after UK inflation data at 1.2442 and then bounced to the upside. The rebound from the lows was capped...
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Changes in fiscal policy could affect outlook - Fed's J.Yellen

More from Chief J.Yellen at her semi-annual testimonty: Changes in fiscal policy could affect outlook. FOMC expects moderate expansion, inflation ri
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