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Fed’s Yellen repeats liftoff delay risks abrupt tightening

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 3, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Mumbai) - Fed’s Yellen, in her testimony at Washington, repeated the message conveyed through yesterday’s speech that a further delay in the liftoff could risk an abrupt tightening in the future.

    Key Quotes

    To tighten monetary policy slowly after liftoff

    Inflation could rise to 2% in the next few years

    Growth likely to be sufficient over the next year or two to result in labour improvement

    Uc economy should continue to grow moderately, risk to the outlook very close to balanced
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