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24 Feb 2015
Rate hike expectations in the centre of the debate – UOB Group
FXStreet (Edinburgh) - According to analysts at UOB Group, investors will closely follow Yellen’s testimony in order to get clues regarding the first rate hike by the Fed.
Key Quotes
“The focus for this Tuesday (24 Feb) is that Fed Reserve Chair, Janet Yellen, will testify to the US Senate Bank Panel in Washington that could generate some risk on rate hike expectations”.
“This will be followed by her testimony to the Financial Services Committee on Wednesday, 25 February”.
“It would also seem that the Fed Reserve is under significant pressure from US policymakers from both sides, the Republicans & the Democrats, who are demanding greater transparency and accountability as the policymakers are increasingly concerned about the Fed’s role on regulation”.
Key Quotes
“The focus for this Tuesday (24 Feb) is that Fed Reserve Chair, Janet Yellen, will testify to the US Senate Bank Panel in Washington that could generate some risk on rate hike expectations”.
“This will be followed by her testimony to the Financial Services Committee on Wednesday, 25 February”.
“It would also seem that the Fed Reserve is under significant pressure from US policymakers from both sides, the Republicans & the Democrats, who are demanding greater transparency and accountability as the policymakers are increasingly concerned about the Fed’s role on regulation”.