Economics
Citi: Janet Yellen Has Violated "One of the Cardinal Rules" of Economists
The Fed has been letting the market push it around.
Citi's Lee: Yellen Violating Cardinal Rule of Economists
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On Wednesday, the Federal Reserve's triumvirate reiterated that liftoff in December was still a possibility.
That possibility is contingent on economic data continuing to show improvements in the labor market that give monetary policy makers more confidence that inflation will trend back to 2 percent over the medium-term.