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.