Fed Might Begin Thinking About Raising Rates at Some Point – Ep. 56

The Peter Schiff Show

  • Janet Yellen’s prepared remarks were the most dovish yet
  • If economy is improving, why do we still need “a high degree of accommodation?”
  • There is still room for “substantial improvement in the labor market”
  • Any modification of guidance will not necessarily indicate rate increase
  • Yellen states lower energy prices is positive for the economy, yet looks for higher inflation
  • The Fed says outlook is data dependent and the data is getting worse