Yellen May Emulate Taper Template and Raise Rates in December

  • September delay echoes Bernanke's caution in slowing QE
  • Fed once again facing overseas risks and government shutdown

Yellen Leaves Rates Well Alone... For Now

Federal Reserve Chair Janet Yellen shows signs of taking a page out of her predecessor’s policy playbook as she inches toward the central bank’s first interest rate increase in nine years: Delay action in September only to move in December.

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