The Traderszone Network

Published in TZ Latest News 29 March, 2016 by The TZ Newswire Staff

Economist reactions to Yellen’s speech

The market is selling the US dollar, what are economists saying
Goldman Sachs:
Fed Chair Janet Yellen emphasized downside risks to the US economic outlook stemming from slower global growth in a dovish speech at the Economic Club of New York. Yellen highlighted the weaker global growth environment coupled with the FOMC’s “asymmetric” capacity to respond to economic shocks as the key reason for the Committee’s lower path for the funds rate in March.

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