Forget the name!!! play the game!!!
-
Yellen Speech a Chance for Her to Confirm or Deny 2015 Liftoff
Janet Yellen has a chance this week to do one of two things: emphasize that the Federal Reserve remains on track to raise interest rates in 2015, or validate the view of many investors that liftoff will be delayed until next year. The Fed chair delivers a speech Thursday in Amherst, Massachusetts, on “Inflation Dynamics and Monetary Policy.” She won’t take questions, so it’s up to Yellen to decide if she wants to guide market expectations by clarifying whether she is among 13 of 17 officials who saw a rate rise as appropriate this year. Those projections, displayed as dots on a chart, were released at the ... (full story)