Janet Yellen on the economy and interest rates

Is Janet Yellen saying the US economy may be at full employment and that interest rates may rise?

“I currently judge that U.S. economic growth is likely to be sufficient over the next year or two to result in further improvement in the labor market,” she said. “Ongoing gains in the labor market, coupled with my judgement that longer-term inflation expectations remain reasonably well anchored, serve to bolster my confidence in a return of inflation to 2 percent.” http://www.cnbc.com/2015/12/03/feds-yellen-reaffirms-us-economic-outlook.html

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