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25th Feb 2015 04:00U.S., Economic Monitor

Chair Yellen's Testimony sought clearly to tell markets that the Fed has upgraded its view on growth, and the state of the labor market. After reading the first few paragraphs, which focussed clearly on the good news, though peppered with the usual caveats, the door was open for the section on policy to signal unambiguously that the Fed is close to its first tightening.

Yellen labor market unemployment Testimony Monetary Policy Fed FOMC

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Keywords for: 25 Feb. 2015 Yellen Bullish on Growth and Jobs - "Patient" Set to Go in March?

Yellen, labor market, unemployment, Testimony, Monetary Policy, Fed, FOMC,