Janet Yellen: Job market not recovered

Global Business

U.S. Federal Reserve chair Janet Yellen is hosting her first meeting of international central bankers, economists and policymakers.

The annual talks on global economies will take place in Wyoming. This year’s theme is labor market dynamics.

Yellen says she wants to maximize U.S. employment. But the Fed is concerned this objective could be harmed if interest rates are raised from record lows too quickly, discouraging employers from hiring. In October, the central bank is due to end a multi-trillion dollar program aimed at stimulating the economy.

Janet Yellen: Job market not recovered

U.S. Federal Reserve chair Janet Yellen is hosting her first meeting of international central bankers, economists and policymakers. They're in the state of Wyoming for annual talks on global economies. This year's theme is labor market dynamics.

Janet Yellen’s first annual conference of central bankers takes place in a very different economic climate to many of those held by her predecessor.

The Fed enjoys an improving economy in Yellen's first 6 months

Janet Yellen's first annual conference of central bankers takes place in a very different economic climate to many of those held by her predecessor.

For more on the issue, CCTV America spoke to Axel Merk, President and CIO of Merk Investments LLC.

Yellen: Job market makes Fed hesitant on rate hike

For more on the issue, CCTV America spoke to Axel Merk, President and CIO of Merk Investments LLC.