• Yellen Expects 'A Few' Rate Hikes a Year Through 2019

Market news

19 January 2017

Yellen Expects 'A Few' Rate Hikes a Year Through 2019

  • Monetary Policy Has Little Influence Over Structural Unemployment

  • Monetary Policy Cannot, by Itself, Create a Health Economy

  • Waiting Too Long to Raise Rates Could Risk 'Nasty Surprise' of High Inflation, Instability

  • Makes Sense to Ease Monetary Policy as Economy Approaches Fed Goals

  • Wage Growth Remains Fairly Low, Only Begun to Pick Up Recently

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