Yellen forecasts a slow rise in interest rates – The Fed

Yellen forecasts a slow rise in interest rates – The Fed – MarketWatch.

Optimistic outlook for the next year, with QE gradually decreasing until the end of 2014 and the interest rates set to grow slowly starting mid-2015.

I expect the party mode on Wall Street to continue for the next few months, pushing indices to new all-time records, possibly followed by an excess phase that will bring a significant correction at the end of the year/beginning of 2015. But for now, risk on.

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