What a difference 2 months make…
Fed’s Yellen (12/17): “The decline we’ve seen in oil prices is likely to be, on net, a positive.”
Fed’s Yellen (02/18): “Persistently low oil prices could dampen the overall expansion of economic activity.”
What a difference 2 months make…
Fed’s Yellen (12/17): “The decline we’ve seen in oil prices is likely to be, on net, a positive.”
Fed’s Yellen (02/18): “Persistently low oil prices could dampen the overall expansion of economic activity.”
What a difference 2 months make…
Fed’s Yellen (12/17): “The decline we’ve seen in oil prices is likely to be, on net, a positive.”
Fed’s Yellen (02/18): “Persistently low oil prices could dampen the overall expansion of economic activity.”