Fed's Yellen: Steady labor participation is positive

Fed’s Chairwoman Janet Yellen is holding a press conference, after the central bank’s interest rate decision to hike rates by 25 bps.

Following are the key quotes from the press briefing's session, via Reuters:

• Inflation largely driven by one-off items
• Expects job market to strengthen somewhat further
• Core inflation is a better indicator of long-term inflation and has edged lower