Yellen points to March rate hike as Fed signals end of easy money

Rate Range Projection by Bank

Next week 112.50 – 115.00

Next 3 months 108.00 - 117.50

Yellen capped off a seemingly coordinated push from the central bank on Friday when she cemented the view that the Fed will raise interest rates at its next meeting on March 14-15, and likely be able to move faster after that than it has in years

It's a welcome turn for the Fed chair, who has hoped to get rates off the ground throughout her three-year tenure, and now sees the economy on track and investors aligned around the idea

The process of scaling back accommodation likely will not be as slow as it was in 2015 and 2016