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Janet Yellen Confuses Heated Economy With Paper Bubble

Wednesday, February 15, 2017 22:54
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(Before It's News)

Written by Rick Ackerman, Rick’s Picks

In testimony before Congress this week, Yellen aggressively talked the Fed’s book, asserting that the U.S. economy looks so hunky-dory these days that the rate hikes she keeps promising are absolutely, definitely, positively coming. Let’s see if she changes her tune when the housing and auto sectors turn down sharply, as appears all but certain.

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Source: http://econintersect.com/pages/opinion/opinion.php?post=201702152324

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