Institutional Investor (May 23)
2015/ 05/ 25 by jd in Global News
“After a stronger than anticipated consumer inflation released in the U.S. on Friday, Janet Yellen dampened investors’ hopes that the Federal Reserve would delay a rate increase until next year.” Her underlying message was “that recent setbacks in economic data do not appear to represent a roadblock to growth despite labor conditions that remain fragile.”
Tags: Consumers, Fed, Fragile, Growth, Inflation, Labor conditions, Setbacks, U.S., Yellen