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Yellen Tries To Shift Market Sentiment About A March Hike

Yellen Tries To Shift Market Sentiment About A March Hike

3 Years ago | February 19, 2017 00:00:00

John M. Bland, MBA



Yellen More Hawkish Than Expected The past week was a big one for the Fed. Chair Yellen went to Capitol Hill to testify for two days. On the first day she testified before the Senate Banking Committee and on the second it was before the House. In her testimony, Yellen left the door open to a rate hike at the March 15 meeting. She also said that the Fed would consider rate hikes at future meetings. Markets generally took the tone of her comments to be more hawkish than anticipated. The only rema

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