Yellen Wants to "Turn Up The Inflation Pressure" On Economy

``The Federal Reserve may need to run a "high-pressure economy" to reverse damage from the crisis that depressed output, sidelined workers and risks becoming a permanent scar, Fed Chair Janet Yellen said on Friday in a broad review of where the recovery may still fall short... "This is a clear rebuttal of the hawkish arguments," to raise rates soon, a line of argument centered among some of the Fed's regional bank presidents, said Christopher Low, chief economist at Ftn Financial.'' -- This does not instill confidence in the Fed raising rates meaningfully any time soon... this is actually one of the most dangerous comments out of the Fed we've heard in years....