Yellen's Fed faces a tricky rates dilemma in 2017 that may end up tripping up Trump
- Written by Steven Pressman, Professor of Economics, Colorado State University
Editor’s note: The Federal Reserve’s policy-setting committee raised its target interest rate a quarter-point to a range of 0.5 percent to 0.75 percent, only the second such move in eight years. In the widely anticipated decision, the Fed signaled it anticipates raising rates another 0.75 percentage point in 2017 – likely in...
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