The Traderszone Network

Published in TZ Latest News 9 February, 2016 by The TZ Newswire Staff

Rates markets, at odds with Fed, seek clarity from Yellen

While Federal Reserve Chair Janet Yellen is the one tasked with delivering a message over the next two days when she speaks to Congress, financial markets are keen to know if she has absorbed their message to her: stifle your rate hike plans. In the 52 days since investors last heard from Yellen, when she held a press conference after overseeing the first U.S. interest rate hike in nearly a decade, markets have been roiled with volatility and increasing doubt about the health of the U.S. and global economies.

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