Janet Yellen's Words Changed The Economy

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Words. Small distinct meanings, when arranged together they form a phrase, a phrase that may change an entire economy. Have Janet Yellen’s words changed an economy? The United States’ economy? Janet Yellen, the Chair of the Board of Governors of the Federal Reserve System (Fed), recently used her words to try to caution investors and analysts. Yellen delivered her second speech of the month on Tuesday. In her speech, Yellen reasons “why the Committee anticipates that only gradual increases in the federal funds rate are likely to be warranted in coming years”. In addition, Yellen affirms that the Fed will rely on bond purchases if the US economy were to slow down or show any deficiencies. What do these words mean to normal citizens?