With incomes on the rise, inflation climbing, the service sector expanding, and housing and auto demand steady should we raise our rates?
According to Janet Yellen, the answer she gave was a particularly cautious stance at last month’s gathering. China, the dollar, and dovish markets internationally surely have an effect on the U.S. federal reserves decision to raise rates. This is indicative in the fact that Ms. Yellen spoke more about the China, the dollar, and and global conditions than she did all last year.
What are investors to do?