All Posts Tagged Tag: ‘FOMC’

Janet Yellen’s First Press Conference Goes Awry

Recently confirmed Federal Reserve Chair Janet Yellen held her first press conference and Federal Open Market Committee meeting on Wednesday. In general the meeting went over well, except for some confusion about the fate of the Fed’s low short-term interest rates which unfortunately spiraled into even more trouble for Yellen. Under the previous Chair, the board agreed to maintain the …

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