down a little bit.
peter barnes will start us off,
he's in jackson hole and knows
the latest from there.
hey, peter.
>> reporter: that's right,
connell, let's look at the two
key lines from janet yellen's
speech this morning to the
economists and central bankers
at the annual conference in
jackson hole, she said quote in
light of the continued solid
performance of labor market and
outlook for economic activity
and inflation, i believe the
increase in the case of the
federal funds rate has
strengthened in recent months.
that suggests she could be open
to another rate increase
sometime later this year, as
early as the september policy
meeting at the end of september
but there's also the november
and december meetings, and
wants to bring it back a bit
and says of course, our
decisions always depend on the
agree to which incoming data
continues to confirm the fed's
outlook, so there is her wiggle
room to avoid trying to