Economics
Yellen Data Dependence Leaves Investors Dazed and Confused
- Investors say they’re puzzled after Fed chair ends guidance
- Vague statements stem from compromise, says former Fed insider
Will the Fed Raise Rates Before the Election?
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Janet Yellen says she doesn’t want investors to rely on the Federal Reserve for explicit guidance on the next interest-rate hike -- a communication strategy that’s leaving some flatly confused about the path of monetary policy.