Yellen: Fed Has Absolutely No Preset Plan for Rate Hikes

Federal Reserve Chair Janet Yellen speaks about the potential use of a set formula to schedule increases in the central bank's benchmark interest rate. She speaks at a news conference in Washington following a two-day meeting of the Fed's policy-setting Federal Open Market Committee. (Source: Bloomberg)

Full Show: What'd You Miss? (08/16)
10:20 - Guests include: Rafiki Capital's Steven Englander and Moody's Charles O'Shea. (Source: Bloomberg)
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