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Fed guessing game moves up a gear as Yellen takes stage

August 19, 2016 by · Leave a Comment 

The debate over whether the U.S. Federal Reserve is readying an interest rate hike will get its umpteenth airing over the coming week, with all eyes on Chair Janet Yellen to provide some clarity. Amid conflicting signals from the Fed in recent days, central bankers from around the world will gather from Aug. 25 for an annual meeting in the mountains of Jackson Hole, Wyoming, with Yellen due to speak the following day. “Yellen could provide her current assessment of the outlook for job growth, …

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Fed guessing game moves up a gear as Yellen takes stage