There is no way that Yellen is increasing rates. She knows she’s out of a job if Donald Trump is elected. And she knows if she increases rates the stock market will go down hard just before the election, making it harder for Hillary to win and for Yellen to keep her job.
Why would Hillary’s people keep obama’s fed chairman?
Besides Janet has her own undiscussed health issues. She suffered an episode in the middle of a speech last year. Went totally absent. Looked like mini stroke.
Agreed. If Trump wins, she'll quickly increase rates before she's fired to cause a recession in 2017.