. Transcript of Chair Yellens Press Conference Opening Remarks June 15, 2016 CHAIR YELLEN: Good afternoon. Today, the Federal Open Market Committee (FOMC) maintained the target range for the federal funds rate at 1/4 to 1/2 percent. This accommodative policy should support further progress toward our statutory objectives of maximum employment and price stability. Based on the economic outlook, the Committee continues to anticipate that gradual increases in the federal funds rate over ti
