Yellen says a couple more rate increases are needed so labor market doesn't 'overheat'

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Former Federal Reserve Chair Janet Yellen said Tuesday more rate hikes are needed in order to avoid an overheating labor market.

 

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I see why Trump fired Yellen.

She never once said that under OBOZO, fed is Democrat controlled, go away yellen

and so we can kill the recovery so trump doesn't get re-elected

Stopping the grow cycle Federal reserve a private Company making the next economic recesión. Cooling the people;by 2022 ;frozen!! thsnks honney!

So! Let me get this right. If you don't raise interest rates a couple more times the labor market will overheat, which means more people employed, paying more taxes, buying more goods increasing Corp earnings, which reduce deficits, that you say are unsustainable. Crazy!!

did this stupid yellen pump unlimited money for the last decade and now they want rate hikes when market is crumbling. Barry's protege

Finally the economy gets some momentum and the Fed wants to slam on the breaks. Other than a tight labor market (which as of yet hasn’t significantly resulted in higher wages) there are no signs of runaway inflation.

No more interest increaes until wages move higher.

Such antiquated thinking; it drives demand for higher wages.

Let it overheat for a damn change of pace!!!

Labor participation needs to be higher do not squelch it.

Yellen has been a superb chairwoman of the FED and thus her opinion is relevant, nevertheless she should be cautious not to influence the present chairman

Why is Yellen commenting on rate hikes? She is no more in power at Fed. Another ploy to create a market condition to blame the good job of President?

Hey Trump, did anyone tell you to NEVER let the unemployment rate fall below 4%? It causes inflation.

Looking out for corporate America

Lol. Wages have gone nowhere.

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