CNBC Power Lunch April 1, 2016
May have to raise rates very quickly in the future. And she says that due to raising rates are not raising rates due to market volatility is something the fed should be very wary of. She says she reduced her rate path for the fed funds rate from december to march. But says now the economy has shown considerable resilience. Recent inflation data, she says, has been somewhat encouraging and she expects wages to accelerate as the labor market tightens. She sees strength in Consumer Spending with strength in housing. Now, one curious line in here, she says i did not descend from the march decision...