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Fed Chair Yellen Starts To Open Up On Policy

Fed Chair Yellen Starts To Open Up On Policy

4 Years ago | February 14, 2016 00:00:00

John M. Bland, MBA, CTA

Yellen Turns Cautious
Fed Chair Yellen tesified twice in the latest week. She testified first to the House on Wednesday, and then before the Senate on Thursday. The Wednesday performance was cautious and uneventful, but the stakes got raised for the Thursday appearance following a sharp fall in European share markets Thursday before her second appearance. The Thursday testimony was a lot more useful for the markets in terms of revealing the current thinking of the central bank on policy. What she

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