Fed Might Begin Thinking About Raising Rates at Some Point – Ep. 56

Released Thursday, 26th February 2015
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Janet Yellen's prepared remarks were the most dovish yet
If economy is improving, why do we still need "a high degree of accommodation?"
There is still room for "substantial improvement in the labor market"
Any modification of guidance will not necessarily indicate rate increase
Yellen states lower energy prices is positive for the economy, yet looks for higher inflation
The Fed says outlook is data dependent and the data is getting worse

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30m 3s

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