Since Janet Yellen last spoke (shifting hawkish), the dollar and bond yields have surged (as have the odds of a Dec rate-hike).
Since Yellen last spoke...
It is unclear whether today"s opening remarks at the fifth annual Community Banking in the 21st Century conference at the Federal Reserve Bank of St. Louis, will offer any new insights on monetary policy direction but given President Trump"s "shortlist", it may well be among her last public appearances as Fed Chair.
Notably, James Bullard, head of the Federal Reserve Bank of St. Louis is also speaking at this event, so there is always room for some uber-dovishness if Yellen tilts further hawkish.
Live Feed (Unfortunately no embed is available so click the image below for a link to Bloomberg"s live feed):
No comments:
Post a Comment