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Watch Live: Hawkish Yellen Says Fed May Have Misjudged Inflation, Labor Market

Update: In her prepared remarks, Yellen crucially said, “A more important issue from a policy standpoint is that some key assumptions underlying the baseline outlook could be wrong in ways that imply that inflation will remain low for longer than currently projected.” As Bloomberg explains, she is stating a bit more clearly than before that […]


The Week’s Key Events: European Inflation, US CapEx And Non-Stop Fed Speakers

Beyond the plethora of central bank speakers, market focus will concentrate on Eurozone inflation and US data releases, including durable goods, home sales, and the personal income and spending report on Friday. We also get China PMIs, Japanese CPI and industrial production, the RBNZ meeting and Brexit negotiations (4th). Additionally, there will be monetary policy […]