LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB

RE:Janet Yellen

[sculler]

the Fed to proceed “cautiously” in hiking interest rates.

“Developments abroad imply that meeting our objectives for employment and inflation will likely require a somewhat lower path for the federal funds rate than was anticipated in December,” when the Fed raised rates for the first time in a decade, Yellen said at the Economic Club of New York.

IMHO: i see no rate hike this year.