Yellen Left Door Open for Rate Increase After July, Allianz Says
- Federal Reserve Chair’s speech set ‘good tone,’ Hooper says
- Monetary policy exhaustion poses greatest risk in medium term
Is Risk Where the Opportunities Are in the Markets?
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Janet Yellen held out the possibility of rate increases after July in her speech last week, according to Kristina Hooper, a U.S. investment strategist at Allianz Global Investors in New York.
QuickTake Behind the Fed Rate Watch