Janet Yellen: Keeping Rates Low for a Considerable Time

The transcript discusses the Federal Reserve's cautious approach to monetary policy, emphasizing data dependency and communication as key tools. It highlights the Fed's efforts to prepare the market for potential interest rate changes by 2017, while maintaining a focus on economic health. The discussion also covers investment strategies in light of market volatility and the Fed's dual mandate of price stability and maximum employment.

What is the significance of the 2017 dot chart in relation to market expectations?

What factors are influencing the Fed's decision to consider raising interest rates?