Yellen Appears to Keep Fed on Track for Rate Hike

The transcript discusses the Federal Reserve's likely rate increase in December, the projected rate hikes for 2017, and the potential impact of the Trump administration's policies on these rates. It also covers the importance of the Fed's independence, especially with a Republican president and Congress.

What date is suggested for marking in the calendar regarding the rate increase?

What does the term 'gradual' mean in the context of rate increases?

What potential policies from the Trump administration could affect the rate path?

How might significant new stimulus from the fiscal side influence the Fed's actions?

What concerns might arise regarding the Fed's independence with a Republican president?