Fed Might Begin Thinking About Raising Rates at Some Point – Ep. 56

* Janet Yellen's prepared remarks were the most dovish yet
* If economy is improving, why do we still need "a high degree of accommodation?"
* There is still room for "substantial improvement in the labor market"
* Any modification of guidance will not necessarily indicate rate increase
* Yellen states lower energy prices is positive for the economy, yet looks for higher inflation
* The Fed says outlook is data dependent and the data is getting worse
Our Sponsors: * Check out Plaud AI and use my code GOLD for a great deal: https://www.plaud.ai Privacy & Opt-Out: https://redcircle.com/privacy