FED Leaves Rates Unchanged… For Now

Filed under: Market Comentary

Federal Reserve Board chairman, Janet Yellen, made her March statement yesterday, announcing that the FED would not be raising rates at this time.

However, she also pointed out that ongoing economic growth and labor improvement could push inflation upward over the next 2-3 years.

The good news is that the statement indicated that while future rate increases will likely occur, they are not predicted to happen until perhaps late in 2016.

You can view her full statement in the video below:


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