World Week Ahead: Yellen to speak on jobs

Sun, 18 Dec 2016

By Margreet Dietz Dec. 19 (BusinessDesk) - Investors will be listening closely today to US Federal Reserve Chair Janet Yellen who is set to speak about the state of the job market. Yellen is speaking in Baltimore, Maryland, following last week’s decision by the Federal Open Market Committee to lift its key target rate for the second time in a year, and signalling a steeper rate of rate increases next year than previously thought. Yellen’s post-meeting comments last Wednesday underpinned investors’ bullishness on Wall St...

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