CNBC looked at every word Fed Chair Janet Yellen has released in press statements and ever said at policy meetings. They have analyzed every word to predict what the Fed will do regarding interest rates in September’s press conference.
Here is a sample:
and also look at this:
The stakes are getting higher. According to internal projections it accidentally leaked last week, the Fed is likely to raise interest rates by the end of the year. The September meeting will feature a certain-to-be juicy press conference.
Perhaps you may want to refinance now or lock in those rates today before rates go up. Or is CNBC reading too much into her words?