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Janet Yellen’s Fed Speak Isn’t Meant to Fool Markets

August 17, 2023
in Trade Tube
Reading Time: 1 min read
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Federal Reserve Chair Janet Yellen last week told markets that the central bank may raise rates as early as six months after it ends quantitative easing. Earlier this week Yellen said the Fed must remain “extraordinarily” accommodative. ValueBridge Investors principal analyst Brian Barnier tells TheStreet’s Joe Deaux that Yellen isn’t trying to mislead markets with her latest statements. He says Yellen is trying to get market participants to sift deeper into the Fed’s guidance.

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