Many FOMC participants indicated in September that they anticipated, in light of their economic forecast at the time, that it would be appropriate to raise the target range for the Federal Funds Rate by the end of the year.
Yellen discusses the Federal Reserve's potential interest rate increase based on economic forecasts.
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He will oppose any tax increases on families earning under $400,000 at the same time that he will oppose keeping in place benefits that went to the wealthy.
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