#TradeIdeas November 17: Rebel Yellen Speaks @ 10AM
As of now, the market has factored in an 84% chance of a December rate hike. Federal Reserve Chair Janet Yellen testifies in front of Congress today and probably going to be quizzed about how President-elect Donald Trump’s fiscal policies might affect the economic outlook and path for rate increases. Don’t expect a clear answer. Almost every Fed official who spoke publicly so far this week -- a list that includes nine of the 17 regional bank presidents and Fed [...]