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"Yellen" tag
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Fischer Joins Dudley; Waiting for Yellen

Last week, some market participants were giving more credence to what seemed like dovish FOMC minutes than to NY Fed President Dudley’s remarks that accused investors of complacency over the outlook for rates. Yesterday, Vice-Chairman...

Fed-rate-Yellen

Market Reads too Much into Yellen’s Prepared Remarks

Late yesterday, Yellen’s prepared remarks for her Senate Banking Committee confirmation hearings were released and sent the dollar in a tailspin in thin activity.  The dollar has been gradually clawing back those losses.  At the same...