Yellen: Fed needs to get a handle on how much weather has affected data

FXStreet (London) - Yellen has added to earlier comments on the effects of below-normal US temperatures and disruptive weather conditions on recent US data

•Would take a “significant change” for the Fed to slow down its monthly tapering of its QE asset purchases

•The Fed needs to “get a handle” on how much of the recent weaker data can be attributed to weather conditions