Former Fed Chair Janet Yellen called for a revaluation of US monetary policy, suggesting that just one or two more rate hikes could prevent economic overheating in the US. “It makes sense to call a timeout to evaluate policy,” Yellen said, highlighting that labour markets are growing increasingly tighter. “I would anticipate that one or two rate hikes could be needed to…
Fed to pause rate hikes, says Yellen at UBS conference
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