Fed expected to leave rates unchanged, may sound hawkish after Yellen’s final meeting

• January 31, 2018
• realestatelife
• Announcements, Business & Markets, Real Estate, Real Estate Finance, Your Real Estate Life

Janet Yellen could end her final meeting as Fed chair Wednesday with a more hawkish-sounding statement to reflect an improved economy and rising inflation expectations.

Yellen, known as a dove during her tenure, started the Fed back on a rate-hiking path in 2015 after her predecessor took interest rates to zero during the financial crisis in 2008. She also began the process of reducing the Fed’s $4 trillion balance sheet.

The Fed is expected to continue on the same path Yellen set once Jerome Powell takes over.