Market Comment | “The case for a rate hike has strengthened”, Yellen said

Summary

Yellen’s opening remarks at Jackson Hole closed a calm week characterised by low volatility and sparse economic data. While Yellen’s speech was mainly dedicated to the Fed’s monetary policy toolkit to address the new challenges, the Fed’s Chair also made some remarks on the current economic situation. In this regard, she signalled that  “the U.S. […]

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