Comment on KOO: The Fed may be telling us something by characterizing the first rate hike as a 'liftoff'

KOO: The Fed may be telling us something by characterizing the first rate hike as a 'liftoff'

The Federal Reserve has kept its benchmark interest rate near zero for years in its effort to stimulate job growth and stoke inflation in the post-financial crisis world. But with job growth looking healthy and some signs that inflation could soon heat up, Fed Chair Janet Yellen and her colleagues have been preparing the markets and its participants for tighter monetary policy via an initial rate hike.

 

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