Comment on Yellen's 'optimal' model calls for rate hike this year, in theory

Yellen's 'optimal' model calls for rate hike this year, in theory

WASHINGTON (Reuters) - Federal Reserve Chair Janet Yellen has said the tenor of economic data will decide when the U.S. central bank raises interest rates. Surprisingly, a data analysis based on Yellen's own priorities points to a rate increase by the end of this year.

 

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