Yellen Rate Raises Seen as Gradual in Survey as Inflation Muted

Even after five years of steady economic growth, Federal Reserve Chair Janet Yellen is likely to raise interest rates only gradually between 2015 and 2017 as inflation remains muted, according to a Bloomberg survey of economists. Fifty-six percent of 61 economists said the median of policy maker…

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Yellen Rate Raises Seen as Gradual in Survey as Inflation Muted