7.1 C
New York
Wednesday, March 4, 2026

Measuring the Effect of Yellen Yap: “Ooh wee baby, I sure show you a good time”

Courtesy of Mish

Earlier today Fed Chair Janet Yellen made a speech to the Economic Club of New York on The Outlook, Uncertainty, and Monetary Policy.

Yellen's speech was Lovey-Dovey Citing “Other Tools” and More QE.

Let’s explore the effect of Yellen’s newfound lovey-doviness on interest rate hike expectations and other financial assets.

Rate Hike Odds September

fedwatch 2016-03-29A

Rate Hike Odds November

fedwatch 2016-03-29B

Measuring Yellen Yap

Gold is up $21 (1.73%), treasuries rallied, the S&P 500 stock market is up 17 points (0.82%) and the dollar down about 0.82%.

I offer this musical tribute.

Continue reading here…

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

149,454FansLike
396,312FollowersFollow
2,650SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x