Avery Shenfeld on Interest rates

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Last quote by Avery Shenfeld on Interest rates

There's a nod to further tightening ahead and the risks of waiting too long, and there is a reference to the need at upcoming meetings to evaluate if the economy is evolving in a way that makes further hikes appropriate. Note the use of the plural on 'meetings,' so there was no specific allusion to a March hike in the statement, and Yellen also emphasized that any hikes will be 'gradual.feedback
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Feb 14 2017
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