The Traderszone Network

Published in TZ Latest News 29 January, 2015 by The TZ Newswire Staff

Yellen tells Senate Democrats U.S. economy looks good: media reports

Federal Reserve Chair Janet Yellen on Thursday offered an upbeat assessment on the U.S. economy in a meeting with Senate Democrats, even as she noted risks from overseas, according to media reports. According to The Wall Street Journal, Senator Joe Manchin of West Virginia told reporters after a private luncheon with Yellen that she said “things are going well” for the U.S. economy. New York Senator Chuck Schumer told Bloomberg: “Her message is that the economy’s getting better but there’s still a ways to go in terms of job creation.