Yellen favours more easing

Posted by

In a speech overnight, Fed Vic Chair Yellen indicated that she sees scope for policy to further boost demand. In comments after her speech she specifically said the Fed had scope for action, either through enhanced forward guidance or further asset purchses.

One comment

  1. Unfortunately for them, they are no longer the only ones that are trying to get out of the crisis by devaluing their currency. EUR/USD at 1.35 is about 20% overvalued.

Comments are closed.