Janet Yellen Speech Live Update: Federal Reserve Keeps Interest Rates Unchanged In FOMC Statement

UPDATE: 3 p.m. EDT The Fed chair said it is clear that most FOMC participants anticipate a rate increase this year. "Certainly an increase this year is possible," Yellen said. UPDATE: 2:58 p.m. EDT "Conceivably I think with the benefit of hindsight it might have been better to raise rates more rapidly, or more, during the 2004-2006 cycle. I'm not certain of that judgment but I think there's a case to be made," Yellen said. The Fed committee led by Alan Greenspan from 2004 to 2006 raised interest...