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Friday, March 03, 2017

Breaking News: Janet Yellen says the Fed will raise interest rates this month, earlier than expected, barring economic surprises

Janet L. Yellen, the Federal Reserve chairwoman, said Friday that the Fed was likely to raise its benchmark interest rate this month, barring any unpleasant economic surprises.

Ms. Yellen’s declaration, in a speech in Chicago, capped an intensification in the Fed’s communication in recent days as officials put investors on notice that a rate increase was coming sooner than had been widely expected.

“At our meeting later this month, the committee will 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,” Ms. Yellen said, referring to the Fed’s policy-making arm, the Federal Open Market Committee.

7 comments:

Anonymous said...

Mike Pence used a private email server to conduct state business while he was governor of Indiana. Is this the part where we chant lock him up?

Anonymous said...

1:31 Nothing wrong that that. Just ask obammie and hildabeast.

Anonymous said...

1:31

You must be a libtard that thinks Politico or Huffington post is legitimate news.

Anonymous said...

“At our meeting later this month, the committee will evaluate whether employment and inflation are continuing to evolve in line with our expectations..."
Which means are things going the way we guessed they would to continue to manipulate the world money market and keep the U.S. perpetually in deep debt.

Anonymous said...

Mike pence stated he had a private and state email... The liberal paper owned by democrat stated he used for sensitive material. Their article was based on zero evidence and was a complete lie.

Anonymous said...

Home buying is in the tank and foreclosures are still up and this will only make the situation worse.

Anonymous said...

RE market is booming in most places. The eastern shore just ain't one of them and never will be unless it is waterfront outside of SBY or is in OC.