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Tag Archives: Janet Yellen

Fed Chair: No Interest Rate Hike Any Time Soon

Janet Yellen

Federal Reserve Chair Janet Yellen set a cautionary tone on the economy saying that the FOMC will not make a move on interest rates for the next few meetings. Ms. Yellen attributed her dovish stance to weak inflation and a slowly improving jobs situation. “It continues to be the FOMC’s assessment that even after employment and inflation are near levels ...

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Quantitive Pain

Janet Yellen - The Face of Pain

Ben Bernanke out, Janet Yellen in. But, don’t worry, the same failed fiscal policy will continue chugging along. For those playing catchup, since 2008 the Fed has been using a practice called “Quantitative Easing” or QE. Since the interest rates have already been at or near 0%, it’s the Fed’s way of inflating the money supply. The theory goes that ...

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