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Weather seems to blame for U.S. slowdown, Fed's Yellen says
Reuters ^
| February 27, 2014
| BY JONATHAN SPICER AND KRISTA HUGHES
Posted on 02/27/2014 5:09:11 PM PST by Oldeconomybuyer
Unusually harsh winter weather appears to be behind recent signs of weakness in the U.S. economy, Federal Reserve Chair Janet Yellen said on Thursday, suggesting the central bank was poised to press forward in ratcheting back its stimulus.
Testifying to the Senate Banking Committee, Yellen said the Fed would watch carefully to ensure weather was indeed the culprit, but she reiterated that it would take a "significant change" to the economy's prospects for the Fed to put plans to wind down its bond-buying program on hold.
(Excerpt) Read more at reuters.com ...
TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: debt; demagogicparty; fed; globalwarminghoax; janetyellen; weather
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To: All
21
posted on
02/27/2014 6:16:54 PM PST
by
musicman
(Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
To: Oldeconomybuyer
Hey! Maybe it is the weather that is to blame. Maybe he located and is using that weather controlling machine they accused Dick Cheney of having. Yeah, that’s a good reason because then they can blame Cheney and the republicans for building that horrible weather changing machine.
22
posted on
02/27/2014 6:21:55 PM PST
by
RJS1950
(The democrats are the "enemies foreign and domestic" cited in the federal oath)
To: Oldeconomybuyer
Sounds like they are planning more tapering.
But with the half assed, double negative, fruit looped way they write things these days, it’s hard to say for sure!
23
posted on
02/27/2014 6:27:23 PM PST
by
djf
(OK. Well, now, lemme try to make this clear: If you LIKE your lasagna, you can KEEP your lasagna!)
To: Oldeconomybuyer
Sounds like they are planning more tapering.
But with the half assed, double negative, fruit looped way they write things these days, it’s hard to say for sure!
24
posted on
02/27/2014 6:27:23 PM PST
by
djf
(OK. Well, now, lemme try to make this clear: If you LIKE your lasagna, you can KEEP your lasagna!)
To: Oldeconomybuyer
Wow, the first year that we’ve ever had winter weather in the winter .... how strange.
25
posted on
02/27/2014 6:59:12 PM PST
by
RetiredTexasVet
(On a good day Slow Joe doesn't do anything incredibly stupid ... waiting for that first good day!)
To: Oldeconomybuyer
I predict that it will be to hot to have a booming economy this summer.
26
posted on
02/27/2014 8:24:26 PM PST
by
seowulf
(Cogito cogito, ergo cogito sum. Cogito.---Ambrose Bierce)
To: Oldeconomybuyer
Is that the best she’s got?
27
posted on
02/27/2014 8:51:03 PM PST
by
Georgia Girl 2
(The only purpose of a pistol is to fight your way back to the rifle you should never have dropped.)
To: Extremely Extreme Extremist
Midwest construction is terrible this winter.
28
posted on
02/27/2014 9:58:12 PM PST
by
enduserindy
(A painted trash can is still a trash can.)
To: Oldeconomybuyer
Yellen can say its; the Weather for U.S. economic slowdown, But we all know the real cause is expanding BIG government and creeping Socialism.
29
posted on
02/28/2014 6:07:46 AM PST
by
2001convSVT
(Going Galt as fast as I can.)
To: RetiredTexasVet
Wow, the first year that we’ve ever had winter weather in the winter .... how strange. Extreme Global Climate Warming Cooling Changing Weather, and stuff...
30
posted on
02/28/2014 3:44:53 PM PST
by
kiryandil
(turning Americans into felons, one obnoxious drunk at a time (Zero Tolerance!!!))
The cold is killing the economy?
Yellen gonna need to retake Marxism 101.
31
posted on
02/28/2014 3:49:44 PM PST
by
Gene Eric
(Don't be a statist!)
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