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Tuesday, February 14, 2017

Fed's Yellen: Fed Hike appropriate at one of its upcoming meetings

  • Rate hike will likely be appropriate at one of its upcoming meetings if employment and inflation evolve in line with expectations
  • Reiterates the view that three hikes are possible in line with Fed forecasts
  • Repeats, waiting too long to tighten would be unwise
  • Gradual increases in Fed funds rate will likely be appropriate but mon pol is not on a set course
  • Hopes that fiscal policies will be consistent with putting the US on a sustainable trajectory
  • Incoming data suggests that the labour market continues to strengthen and inflation moving up to 2% in line with FOMC expectations

Here's the live link 

Raise those Rates Janet, anything to take down the Trump Administration seems to be the goal here.

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