Yellen has once again managed to dodge the subject of interest rates.
The market largely expected her to talk about raising rates, either by providing a guideline, or at the very least sound a bit more hawkish as the important data releases (inflation, NFP, unemployment) have all showed improvement.
In fact, targets that were set out earlier this year have all been met, and some even exceeded. The irony is, that she cited these exact data releases as the reason why it would be too early to look …
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