Decoding Yellen’s Message

(Harvest) This week Federal Reserve Chairman Janet Yellen made a comment in her semiannual testimony to Congress that further confirms 720Global’s opinions about current and future economic growth. Decoding Yellen’s Message compares a comment Yellen made to historical data. Based on her definition of “neutral monetary policy” we are able to better define what the Federal Reserve truly thinks of current and future economic growth.

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