Archive for March 30th, 2016

New Overnight Developments Abroad - Daily Update

Yellen Put to the Rescue

March 30, 2016

Markets continued to react Wednesday to Fed Chair Yellen’s speech and Q&A yesterday, which stressed continuing external downside risks to future U.S. growth and the need therefore for a very cautious approach to interest rate tightening.  Her comments counterbalance a slew of remarks by other Fed officials in recent weeks that suggested the risks were […] More