"S&P Yellen nomination a near to intermediate positive" by annatimone in Dukascopy Forex Community
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S&P Yellen nomination a near to intermediate positive

Standard & Poor’s give two reasons that Janet Yellen’s nomination as Chairman of the Federal Reserve is a near-to-intermediate term positive:
  1. Yellen’s nomination provides markets with a sense of continuity of the Fed’s current monetary policy decision-making and communications process
  2. Yellen is not as dovish as people think – she played a ‘key role’ in establishing the Fed’s 2% inflation target end unemployment thresholds for policy change. Says a close study of her history suggest Yellen won’t allow inflation substantially above 2% – and she threatened to dissent from Fed statements in 1996 and opus for tighter monetary policy
Übersetzen in Englische Sprache Zeige Original
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15 Oct.

We´ll see

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