The Fed is going to raise rates again soon, and this will drive some people crazy
The Federal Reserve is going to raise interest rates again.
Probably sooner than you — or at least the market — think.
In a speech in Philadelphia on Monday, Fed Chair Janet Yellen, speaking for the final time before the Fed's June 15 meeting, said that another interest-rate hike from the Fed does not require the central bank to meet both parts of its dual mandate first.
Here's the key bit from Yellen's speech (emphasis added):
I continue to believe that it will be appropri
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