Monthly Archives: August 2016

Roller coaster ride on Yellen’s speech

FED’s Yellen has a performance at Jackson Hole. Here is the main part of her speach …“Looking ahead, the FOMC expects moderate growth in real gross domestic product (GDP), additional strengthening in the labor market, and inflation rising to 2 percent over the next few years. Based on this economic outlook, the FOMC continues to anticipate that gradual increases in the

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