Dec 17, 2015
U.S. Federal Reserve Chair Janet Yellen did something amazing yesterday - she made a bullish move by raising interest rates but also made dovish statements
United States Federal Reserve Chair Janet Yellen did something amazing yesterday - she walked the line. As you've probably heard by now, the U.S. Federal Reserve raised interest rates yesterday by 25 basis points, or from 0.25% to 0.50%. This rate hike is hardly a major jump, but it signals a slow, steady and prolonged timetable for further rate hikes.