Sunday, May 3, 2026

Yellen Justifies Another Rate Hold

From the Guardian Today’s Federal Reserve meeting wasn’t a shocker. But nor was it a complete damp squib. Instead, we saw a central bank inching towards raising interest rates, and running out of excuses for leaving them on hold today. Yellen gave an encouraging view of the US economy, saying economic activity has picked up, with solid job creation. “The economy has a little