Federal Reserve Chair Janet Yellen:

Headlines crossing the Bloomberg, from a written response she has given to questions. Released by a member of Congress

  • Reiterates she expects continued US economic strength
  • Reiterate gradual approach to interest rate increases
  • Repeats inflatin will return to the Federal Reserve's 2% goal over time
  • Fed will adjust policy if outlook changes unexpectedly
  • Wouldn't rule out negative rates in very adverse case - must consider unintended consequences of negative rates

Pretty vanilla type comments these. I'm not surprised by any of them. Are you?