{"id":90950,"date":"2016-06-07T06:59:25","date_gmt":"2016-06-07T10:59:25","guid":{"rendered":"http:\/\/countingpips.com\/?p=90950"},"modified":"2016-06-07T06:59:25","modified_gmt":"2016-06-07T10:59:25","slug":"yellen-speech-indicates-no-fed-rate-hike-soon","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/06\/yellen-speech-indicates-no-fed-rate-hike-soon\/","title":{"rendered":"Yellen speech indicates no Fed rate hike soon"},"content":{"rendered":"<div id=\"inves-1130787228\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">June 7, 2016<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>Article by <a href=\"http:\/\/countingpips.com\/contributors\/contributor-profile-forextime\/\">ForexTime<\/a><\/p>\n<p>The timing of the next Federal Reserve rate hike has been pushed forward as the US central bank\u2019s plans were sidetracked by the dismal US nonfarm payrolls report from last Friday. Just 38,000 jobs were added to the US economy in May.<\/p>\n<p>\u201cNew questions about the economic outlook have been raised by recent labor market data,\u201d Fed Chair Janet Yellen said on Monday during a speech delivered at the World Affairs Council of Philadelphia.<\/p>\n<p>The Labor Department\u2019s monthly employment reports get extra attention from the central bank.<\/p>\n<p>Yellen indicated that the Fed will not be raising short-term interest rates until new uncertainties about the economic outlook are resolved.<\/p>\n<p>Ms. Yellen and other Fed officials still believe they will be gradually lifting rates because they expect the US economy to improve.<\/p><div id=\"inves-3362613769\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p>However, a rate increase at the Fed\u2019s June 14-15 policy meeting is now effectively off the table.<\/p>\n<p>An increase in July is possible but has become less likely, and a September move is possible if economic data show the economy is rebounding by then.<\/p>\n<p>The Fed raised short-term rates by a quarter percentage point, to between 0.25% and 0.5%, in December.<\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-54242 alignleft\" src=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2014\/07\/Forex-Time-Logo.png\" alt=\"Forex-Time-Logo\" width=\"262\" height=\"90\" \/><strong>Article by <span style=\"text-decoration: underline;\"><a href=\"http:\/\/countingpips.com\/contributors\/contributor-profile-forextime\/\">ForexTime<\/a><\/span><\/strong><\/p>\n<p><strong>ForexTime Ltd (FXTM)<\/strong> is an award winning international online forex broker regulated by CySEC 185\/12 <a href=\"http:\/\/www.forextime.com\" target=\"_blank\">www.forextime.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Article by ForexTime The timing of the next Federal Reserve rate hike has been pushed forward as the US central bank\u2019s plans were sidetracked by the dismal US nonfarm payrolls report from last Friday. Just 38,000 jobs were added to the US economy in May. \u201cNew questions about the economic outlook have been raised by [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-90950","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/90950","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=90950"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/90950\/revisions"}],"predecessor-version":[{"id":90967,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/90950\/revisions\/90967"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=90950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=90950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=90950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}