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Yellen: Labor market-inflation relationship seems weaker

Discussion in 'Fundamental Analysis' started by ForexLive, Oct 14, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Yellen in Boston - Short-term rate cuts alone may be inadequate in the future - Policy may want to be extra-accommodative in recoveries - Hard to quantify the costs and benefits of an accommodative strategy She's speaking more in a theoretical tone here but it underscores her dovish leanings. You could extrapolate it to mean that she will wait longer but I think that's going to far. In her view, a hike in December is still very accommodative.

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