Pantheon Macroeconomics - We're not expecting drama from Chair Yellen's semi-annual Monetary Policy Testimony in the Senate today. Dr. Yellen will want to keep alive the idea of a rate hike next month, but she will not signal that action is likely, given the continuing lack of clarity on the path of fiscal policy.

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14 February 2017 Yellen to Keep March Open, and Signal Fiscal Easing not Needed

By Ian Shepherdson

We're not expecting drama from Chair Yellen's semi-annual Monetary Policy Testimony in the Senate today. Dr. Yellen will want to keep alive the idea of a rate hike next month, but she will not signal that action is likely, given the continuing lack of clarity on the path of fiscal policy.

Posted: 13th Feb 2017 in 'U.S. Documents'

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Keywords for: U.S. Documents | 14 February 2017 Yellen to Keep March Open, and Signal Fiscal Easing not Needed

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