Yellen hints at more aggressive rate path

March 6, 2017 by Rich Miller, Christopher Condon

(Bloomberg) — Federal Reserve Chair Janet Yellen left little doubt on Friday that the central bank will raise interest rates this month. More importantly, she dropped hints that it might end up having to increase them this year more than planned.

In a speech to The Executives’ Club of Chicago, Yellen singled out the danger of the central bank being too slow in boosting rates.

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Originally Posted at LifeHealthPro on March 6, 2017 by Rich Miller, Christopher Condon.