The Traderszone Network

Published in TZ Latest News 2 December, 2015 by The TZ Newswire Staff

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

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.

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