Yellen, in back-to-back appearances, could close out era of zero rates | Forex Factory

  • Yellen, in back-to-back appearances, could close out era of zero rates

    From reuters.com

    Federal Reserve Chair Janet Yellen could cement the case for a U.S. interest rate hike ahead of the Fed's Dec. 15-16 policy meeting, with public appearances over the next two days at a high-profile economics group and before a joint committee of Congress. When Yellen takes the stage at the Economic Club of Washington shortly after noon on Wednesday, she will do so with market expectations already aligned behind a December hike, and the flow of economic data since the Fed's last meeting offering no clear reason to hold back. The data has not all been great. Recent data on consumer spending and manufacturing have ... (full story)

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Greenstar
Dec 2, 2015 5:36am
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"Ben Bernanke gave no thought to throwing granny under the bus in order to help the big banks get even bigger. He willingly and knowing transferred over a trillion dollars away from savers and handed it to the big banks.

Similarly, we shouldn't expect enlightened behavior to emerge from the shadows of leadership once things get even dicer on the world stage. In fact, we should expect the opposite."

Yellen is cloaked in the company of a shadowy private leadership and she isn't even under the control of the so-called representative government in place in the US, as Greenspan made very clear.
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Stockman
Dec 3, 2015 12:33am
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We all know fucken Yellen is going to give a nice few green prints to smash gold like a fucking useless yellow pos that it is, then she'll send the USD to tha fucking moon, dumb ass same shit over and over, stupid sheeple
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edyraper
Dec 2, 2015 6:40am
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we all agree they are data depended ... jobless claims traget hited ... inflation ? ? are we going to pass december too ... if yes would be awesome ...
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piple
Dec 2, 2015 12:18pm
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Quoting mkj111
buy gold and silver. interest rate hike is already discounted. if there will be no hike, then gold silver will be on fireee

Noted!
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mkj111
Dec 2, 2015 7:41am
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buy gold and silver. interest rate hike is already discounted. if there will be no hike, then gold silver will be on fireee
Reply
ultra99
Dec 2, 2015 7:23am
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3-month US Treasury yield is saying the quarter point raise is a done deal: http://schrts.co/mLfXJG
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Trader#1371
Dec 2, 2015 6:14am
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no prizes for guessing that the choir mistress will sing the same old song that the choir boys and girls have been singing. chorus: "and repeat forever after".
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Trader#A751
Dec 2, 2015 6:19am
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Very well said my friend. If we only knew what the tip of the iceberg really is.
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