Federal Reserve Chair Janet Yellen lauded the value of a college degree at Monday's commencement ceremonies for the University of Baltimore but largely steered away from commenting on the economy or interest rates.
Yellen told the graduating stuadents that they are entering the strongest job market the country has seen in nearly a decade, but because of technology and globalization, success is tied to higher education.
"Economists are not certain about many things. But we are quite certain that a college diploma or an advanced degree is a key to economic success," Yellen said in remarks at the commencement, which took place at the Patricia and Arthur Modell...
The Federal Reserve building in Washington D.C.