Finally! Fed Liftoff Is All But Ensured
Now that the Fed is primed to hike rates for the first time in nine years, caution and flexibility will be the mantras into 2016.
Rick Rieder
December 11, 2015
Janet Yellen, chair of the U.S. Federal Reserve, testifies at a congressional Joint Economic Committee hearing in Washington, D.C., U.S., on Thursday, Dec. 3, 2015. Yellen delivered a cautiously upbeat outlook for the U.S. economy, signaling the conditions necessary for an interest-rate increase have been met and that she hopes to tighten monetary policy slowly after liftoff. Photographer: Drew Angerer/Bloomberg *** Local Caption *** Janet Yellen
Drew Angerer/Bloomberg
