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Fed Focus Shifts to Maintaining Growth Gains, Says Yellen

April, 11 2017
watermark Economic news

Fed Chair Janet Yellen has stated that the Federal Reserve will now be shifting its policy approach from a post-crisis one to maintaining the US economy’s current growth gains. The FOMC board will now be aiming to implement significant easings within this year as the US economy comes close to attaining its goal of 2% inflation and full-fledged employment rates. In addition, Fed officials have already scheduled two more interest rate hikes within the year following the most recent rate hike last March.


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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.