Yellen the hawk of December

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Janet Yellen appear to ploughing towards the mistake of 2015 declaring last night to Congress that December is live, via the WSJ:

YELLEN ON RATES: Rep. Carolyn Maloney (D., N.Y.) goes for the will-you-raise-rates-in-December question.

Ms. Yellen says, “at this point, I see the U.S. economy as performing well.” She notes solid domestic spending despite weak trade performance.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.