Latest Yellen Statement Proves Fed Is Grasping at Straws
Janet Yellen
Here’s a summary of the Fed’s current predicament  chairwoman Janet Yellen’s latest statement  and what savers need to understand about the central bank’s next move...
So how is the Fed going to justify its plan now? That brings us to  Yellen ’s latest statement...
Low Inflation a “Mystery ” Says  Yellen
Well   Yellen  says lagging inflation is a “mystery ” but not enough of one to keep the Fed from moving forward with its plans.
 Yellen  and  her  colleagues insist that we should take them at their word… that conditions will rise to meet their agenda… that the risks of waiting too long to normalize policy outweigh the risks of normalizing policy too soon.
Here’s a summary of the Fed’s current predicament  chairwoman [TGT]’s latest statement  and what savers need to understand about the central bank’s next move...
So how is the Fed going to justify its plan now? That brings us to  Yellen ’s latest statement...
Low Inflation a “Mystery ” Says  Yellen
Well   Yellen  says lagging inflation is a “mystery ” but not enough of one to keep the Fed from moving forward with its plans.
 Yellen  and  her  colleagues insist that we should take them at their word… that conditions will rise to meet their agenda… that the risks of waiting too long to normalize policy outweigh the risks of normalizing policy too soon.