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- Yellen speaks at Jackson Hole: Our ability to predict Fed rate path is quite limited
Yellen speaks at Jackson Hole: Our ability to predict Fed rate path is quite limited
Case for interest rate increase has strengthened in recent months
Economyc nearing Fed's employment and inflation goals
Our ability to predict Fed rate path is quite limited
Gradual hikes over time are 'appropriate'
Fed expects inflation to rise to 2% goal in next few years
Fed depends on data, not on a preset course
Range of possible rate hikes paths is wide, shocks could change path
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