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27 Mar 2015
All eyes on Yellen’s speech today – TDS
FXStreet (Edinburgh) - Strategists at TD Securities remark today’s speech by Fed’s Head Janet Yellen.
Key Quotes
“Fed Chair Yellen is speaking on monetary policy in San Francisco at 7:45pm GMT”.
“This will be her chance to clear up any message that she feels may have been misconstrued after the last FOMC statement and SEP”.
“However, we don’t think that there’s much to clear up, and that she’ll just mirror the sentiment she expressed in the post-FOMC press conference, stressing data dependence and that each meeting after April will be live”.
Key Quotes
“Fed Chair Yellen is speaking on monetary policy in San Francisco at 7:45pm GMT”.
“This will be her chance to clear up any message that she feels may have been misconstrued after the last FOMC statement and SEP”.
“However, we don’t think that there’s much to clear up, and that she’ll just mirror the sentiment she expressed in the post-FOMC press conference, stressing data dependence and that each meeting after April will be live”.