14 Dec 2016
Fed's Yellen: Rate hike is a modest adjustment in rate path
More headlines keep crossing the wires, via Reuters, from Fed’s Chairwoman Janet Yellen, as the FOMC press conference is ongoing:
- Says rate hike is a modest adjustment in rate path
- Median forecast for three hikes in 2017 driven by changes in only some of participants
- Some policymakers expect change in fiscal policy