Latest Breaking News On - Derek graham - Page 1 : vimarsana.com

You are listening to janet yellen. Earlier today, mario draghi. Ecided to cut the deposit rate joining me now is Michael Mckee. Michael she made the same point she made yesterday, the economy you wouldo the point want to raise rates. Unemployment is close to its neutral rate. She made the same point to congress that she made to investors yesterday. The sed cannot the fed cannot afford to wait longer. Heres what she had to say. Betty we do not have that available. Michael if they wait too long, they will have to raise rates faster and perhaps farther. Away that a lot of people looked at yesterday, why they believe the fed is going to go into summer now is because she is signaling they do not want to wait longer. She did hint that the fed might be behind the curve. Michael it is much easier. They know what to do to respond to inflation breaking out. They would like to get started because they want to have ability to respond without additionalesort to qe, which they feel has lost its abil

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