Fed Chair Yellen has a mini revolt on her hands

(RECAP: Fed Chair Janet Yellen has something of a mini revolt on her hands. Four of the 17 members of the Federal Open Market Committee have now publicly indicated their disagreement with the dovish guidance in last week’s policy statement and in comments from Fed Chair Yellen at her press conference. The latest dissenter is Patrick Harker, the new president of the Philadelphia Fed, who said in a speech Tuesday night that the Fed should “get on with” rate hikes and consider another go in April. Only one of the four dissenters is a voter this year, suggesting that Yellen has the votes she needs if she wants to keep rates unchanged at the April meeting.)

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