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Economics

The first is always the best

Shallow and gradual rate rises is for the 'real' economy, not for the financial markets, at least not in the very short-term.

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Read more: March,  June,  Jerome,  May,  FOMC,  NY,  Fed yaks,  Normalizing Monetary Policy: Prospects,  US jobs figures,  Council,  December 2013,  Economics,  Federal Reserve Bank,  Fed governor Jerome Powell,  Foreign Relations,  GDP look,  March FOMC meeting,  Minneapolis Fed president Narayana Kocherlakota,  Monsieur Dudley,  NY Fed president William Dudley,  Reuters,  San Francisco,  Y&C,  Yellen & Co,  Yes Virginia