Yellen: July Rate Hike Is 'Not Impossible'

The transcript discusses the potential for a rate hike in the coming months, emphasizing the need for sufficient momentum and data analysis. It highlights that every meeting is live and open to the possibility of a rate increase, though no specific timetable can be set. The possibility of a rate increase by July is mentioned, contingent on data supporting such a move.

What is the significance of the data mentioned by the speaker in relation to rate hikes?

What concerns does the speaker mention that would have passed?