God Wants Yellen to Delay Rate Hike to Spring, Lawmaker Says
- California Democrat says 'things rise in the spring'
- Comments made as Yellen appears at Congressional committee
Rep. Sherman Talks 'God's Plan' During Yellen Testimony
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Janet Yellen can stay in God’s good graces by waiting until springtime to raise interest rates, Representative Brad Sherman told the Federal Reserve chair on Wednesday.
“God’s plan is not for things to rise in the autumn, as a matter of fact, that’s why we call it fall, nor is it God’s plan for things to rise in the winter, through the snow,” Sherman, a Democrat from California, Yellen at a hearing of the House Financial Services Committee. “God’s plan is that things rise in the spring. And so if you want to be good with the Almighty, you might want to delay until May.”