Dr Janet Yellen's last Press Conference 13 December 2017

nformation received since the Federal Open Market Committee met in November indicates that the labor market has continued to strengthen and that economic activity has been rising at a solid rate. Averaging through hurricane-related fluctuations, job gains have been solid, and the unemployment rate declined further. Household spending has been expanding at a moderate rate, and growth in business fixed investment has picked up in recent quarters.Federal ReserveCryptocurrency a "highly speculative asset.It is not a stable source of value, and it doesn't constitute legal tender"Unstable might be an understatement. Bitcoin started the year below $1,000, hit $8,000 for the first time in early November, and then topped $17,000 on some exchanges last week.Dr Yellen