Fed Keeps Rates Unchanged, But Sees Inflation Coming! (Yellen Sees Dead People)

Yes, Janet Yellen is channeling “The Siixth Sense” in that she sees inflation above 2% (not dead people).

The Federal Reserve’s Open Market Committee (FOMC) surprised absolutely no one by keeping the Fed Funds Target rate unchanged.

The implied probability of a Fed Funds rate increase doesn’t exceed 50% until March 2018.

Yellen sees inflation topping 2%. Which it has only achieved briefly in briefly in 2012. And BEFORE The Fed entered the market in a big way with QE.

Here is a video of Yellen’s announcement of no rate increase, but seeing inflation above 2%.

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