Reportedly at a closed door meeting last weekend Fed Chair Yellen expressed confidence in the resilience of the US economic recovery despite recent turbulence and slower growth - press (update)
- Sources at the meeting of the 'Group of 30' economic consultancy say Yellen indicated that the US in on track to reach 3% GDP growth going forward, that inflation will eventually rise back to the Fed's 2% target level, and unemployment has more room to fall.