Monday, March 6, 2017

Yellen Speech Cliff Notes Version: Hike

Friday's speech by Fed Chair Janet Yellen had to be one of the longest of recent memory. It's fair too because after already very recently raising rates by a full 25bp in December the Fed is begrudgingly gearing up to raise again March 15th. That's what took her so long on Friday to get it out of her system: "Hike."

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