Yellen comments in response to audience questions:

  • Expects productivity to pick up
  • Earlier in the crisis Fed debated going to negative rates
  • Fed thought negative rates could hurt money market but that doesn't appear to be the case in countries that have done it
  • Rising US dollar impacting exports
  • Global economic climate mixed

Yellen on Friday at the SF Fed

That's all from Yellen. Nothing notable in the Q&A.