-
Yellen's 'dovish stare' may crack at testimony
Federal Reserve Chair Janet Yellen, facing tough questions from U.S. lawmakers this week on health of the U.S. economy and the timing of the first Fed rate hike, will be under pressure to acknowledge an uptick in inflation and improvement in the labor market. Such an admission would mark a significant shift in tone towards a more hawkish rates outlook, a development which would help buoy the U.S. dollar or at least help put a floor in the currency, strategists told CNBC. "I think it is too soon to expect a less dovish tone from her," said Jens Nordvig, global head of G10 FX strategy at Nomura. ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Jul 14, 2014 6:45am Jul 14, 2014 6:45am
- Weakdollar
- | Joined Jan 2012 | Status: Member | 805 Comments
- Comment #2
- Quote
- Jul 14, 2014 8:24am Jul 14, 2014 8:24am
- Schminner
- | Joined Jun 2007 | Status: Member | 180 Comments
- Comment #3
- Quote
- Jul 14, 2014 8:50am Jul 14, 2014 8:50am
- Forrex
- | Joined Jun 2014 | Status: Member | 84 Comments
- Comment #4
- Quote
- Jul 14, 2014 9:29am Jul 14, 2014 9:29am
- JollyBean
- | Joined Jul 2009 | Status: Member | 382 Comments
- Comment #5
- Quote
- Jul 14, 2014 2:55pm Jul 14, 2014 2:55pm
- silverx8
- | Joined Jul 2014 | Status: Junior Member | 2 Comments
- Comment #6
- Quote
- Jul 14, 2014 3:57pm Jul 14, 2014 3:57pm
- GreatnessV10
- | Joined May 2013 | Status: Member | 18 Comments
- Comment #7
- Quote
- Jul 14, 2014 6:02pm Jul 14, 2014 6:02pm
- Ill-b-back
- Joined May 2011 | Status: Get to the Chopper | 3897 Comments
Come with me if you want to live....
- Comment #8
- Quote
- Jul 15, 2014 2:12am Jul 15, 2014 2:12am
- silverx8
- | Joined Jul 2014 | Status: Junior Member | 2 Comments