Monday, September 19, 2016

For Yellen, a September Fed Surprise Could Close Confidence Gap

Some investors are getting antsy about the Fed's silence on rate hikes.

"Let's get on with it already," said Michael Arone, chief investment strategist at State Street Global Advisors. 

If Fed Chair Janet Yellen wants to prove that policymakers are not being pulled along by investors who for years have second-guessed them, this week may offer a rare moment of calm to do so.

Market volatility is low, U.S. census data shows income gains have reached the middle class, and workers are clawing back a larger share of national income. For now, at least, no international risk stands out and inflation may even be picking up. 

Click here for the full article. 

Source: NBC News

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