World Week Ahead Yellen sets the tone

Sun, 16 Mar 2014

By Margreet Dietz March 17 (BusinessDesk) – While the endgame in Crimea is unclear, the US central bank is all but certain to pare its pace of monthly bond purchases by another US$10 billion after its top policymakers meet for two days this week. The Federal Reserve, now chaired by Janet Yellen, has every reason to continue to ease off the stimulus pedal as the US economy gathers momentum. Last week jobless benefit claims fell to their lowest since late November and data showed that retail sales rose for the first time in three months in Fe...

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