Yellen eyes end of red hot economic performance

Alexander Saeedy

October 15, 2018 07:15 PM

Yellen Leaving — Federal Reserve Chair Janet Yellen leaves after delivering remarks following a Federal Open Market Committee (FOMC) meeting in Washington, D.C. on September 20, 2017. Yellen announced that the Federal Reserve will keep interest rates unchanged and leave them at their current rate. Photo by Kevin Dietsch/UPI | KEVIN DIETSCH/UPI/PA Images

Janet Yellen, former chairwoman of the Federal Reserve, told attendees at the annual meeting of the Mortgage Bankers Association in Washington DC on Monday that she was expecting US economic growth to slow by 2020 as the central bank raises rates to counter inflation.

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Alexander Saeedy