Federal Reserve

Yellen: Focus on path of hikes, not the first one

Yellen: Economic conditions don't warrant hike
VIDEO12:3112:31
Yellen: Economic conditions don't warrant hike

The Fed left interest rates unchanged on Wednesday, as Fed Chair Janet Yellen said markets were overly focused on the timing of its looming first rate hike.

A recap of Yellen's news conference follows:


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