Despite bad day for the Dow, Yellen sees long-term growth as she leaves the Federal Reserve
Outgoing Federal Reserve Chair Janet Yellen has seen economic growth and the longest job expansion on record on her watch. She sits down with Judy Woodruff on her final day in office in a rare...
========== JUDY WOODRUFF: But first: an interview with
arguably the most important person influencingthe U.S. economy for the past four years,
the outgoing chair of the Federal Reserve,Janet Yellen.I spoke with her earlier today, before the
markets closed and while the Dow was spiralingdown to its worst week in two years, and after
a solid jobs report was released.The economy has grown, and the longest job
expansion on record has continued on her watch.I started by asking her overall assessment
of the economy on her final day in office.JANET YELLEN, Federal Reserve Chair Nominee:
Well, I feel great about the economy.I think things are looking very strong.The economy's growing at a healthy, solid
pace.The job market is strong at this point.We had a report this morning, 2...