Dr Janet Yellen's last Press Conference 13 December 2017

Published: Dec. 14, 2017, 1:44 p.m.

nformation received since the Federal Open Market Committee met in November indicates that the labor market has continued to strengthen and that economic activity has been rising at a solid rate. Averaging through hurricane-related fluctuations, job gains have been solid, and the unemployment rate declined further. Household spending has been expanding at a moderate rate, and growth in business fixed investment has picked up in recent quarters.Federal Reserve
Cryptocurrency a "highly speculative asset.It is not a stable source of value, and it doesn't constitute legal tender"
Unstable might be an understatement. Bitcoin started the year below $1,000, hit $8,000 for the first time in early November, and then topped $17,000 on some exchanges last week.Dr Yellen