It appears little doubt that the Fed would raise the policy rate at it March 15 meeting. Chair Janet Yellen’s speech last Friday proved hawkish, indicating that the FOMC would “evaluate whether employment and inflation are continuing to evolve in line with our expectations, in which case a further adjustment of the federal funds rate would likely be appropriate”.
Originally posted here:
Hawkish Yellen Pushes March Rate Hike Speculations Further Higher
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