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Yellen says Fed will keep short-term interest rates low

Season 2014 Episode 780 | 6m 46s

In her first news conference, Janet Yellen announced that the Federal Reserve will continue its suppression of short-term interest rates. Yellen, who was the Fed’s vice-chair under Ben Bernanke, also discussed how her role has changed. Gwen Ifill gets an assessment of Yellen’s remarks from David Wessel of the Brookings Institution.

Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by Consumer Cellular and Cunard Cruise Line. For a complete list of funders for the PBS NewsHour and PBS NewsHour weekend, click here.
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