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Daily Archives: July 12, 2017

Fed’s Yellen

* Yellen says sees ‘roughly equal odds’ of faster versus slower growth than FED currently projects   Source: FXWire CentralBank 12. July 2017 19:31:19 * FED’s Yellen says in prepared testimony to congress that current path of economy expected to warrant further gradual increases in the federal funds rate   …

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Investors Turn Attention to ECB After Fed Moves on Interest Rates, By David Harrison and Tom Fairless

Higher rates may be in the offing as Fed and ECB consider exiting stimulus programs   The center of gravity in central banking is shifting away from the U.S. and toward Europe, where officials are considering winding down years of extraordinary economic stimulus. Skittish investors pounced on a tiny hint buried in …

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Fed’s Yellen Likely to Discuss Rates, Balance Sheet in Congressional Testimony, by David Harrison

Lawmakers seen questioning Yellen on Fed’s plans to raise interest rates, unwind assets during hearing   Federal Reserve Chairwoman Janet Yellen heads to Capitol Hill on Wednesday to address the House Financial Services Committee in her twice-yearly Humphrey Hawkins testimony and to take questions from lawmakers. She will deliver the same testimony …

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