KCSM Newsline March 17, 2016
Moderate pace, but global and financial developments continue to pose risks. The fed raised rates in december for the first time in nine and a half years. It suggested it would continue to make further moves four times during 2016, but now the Officials Say it will likely be twice. Committee continues to feel that were in a course where the economy is improving and inflation is moving back up. And as i indicated, if events continue to unfold in that way, were likely to gradually raise rates over time. Yellen added the officials will look at how the economy behaves and look for any surprises. R...