- Yellen says Fed independence 'is under some threat' from congressional bills. “Don't want to have to raise rates rapidly”
Market news
11 April 2017
Yellen says Fed independence 'is under some threat' from congressional bills. “Don't want to have to raise rates rapidly”
-
Fed policy independence from political pressure very important
-
Economy's growth potential is likely a bit below 2 pct
-
Inflation still slightly below 2 pct goal
-
We think gradual path of rate hikes will get fed to neutral policy stance; can't wait too long to tighten
-
We are near reaching objectives
-
Appropriate policy stance is closer to neutral now
-
Fed aims to allow economy to coast
-
Economy mainly supported by consumer spending
-
Global economy seems to be operating in slightly more robust way
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page