NEW YORK -- U.S. Federal Reserve Chair Janet Yellen said Wednesday in a press conference in Washington, D.C., that at this point fiscal policy does not appear necessary for the U.S. economy.
"With 4.6% unemployment and a solid labor market, there may be some additional slack in labor markets, but I would judge that the degree of slack has diminished," Yellen said. "So I would say at this point that fiscal policy is not obviously needed to provide stimulus to help us get back to full employment."
