Statement

Name: Janet L. Yellen

Summary: Yellen Signals a Fed Tilt Toward December Rate Increase: "“It could be appropriate” to act at the Fed’s final policy-making meeting of the year, Ms. Yellen told the House Financial Services Committee. She suggested that if growth continued apace, the Fed was inclined to start raising interest rates, although she added the cautionary note that “no decision has been made.”"

Lean: Hawkish

Substantially Similar to Prior Statements: No

Statement Date: November 4, 2015

Publication Date: November 4, 2015

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