Fed's Yellen says unwise to allow U.S. economy to run hot

Rate Range Projection by Bank

Next week 114.00 – 117.50

Next 3 months 109.00 - 117.50

While there are no signs as yet that the Fed is behind the curve or the economy is in danger of a sudden surge in inflation

The downward pressure that the Fed's $4.5 trillion balance sheet has been exerting on rates for the last several years is declining, she said, making it all the more important to raise rates only gradually