Fed's Yellen: Fully intends to serve out term as Chair
|More headlines from Fed's Chairwoman Janet Yellen keep hitting the wires, via Reuters, during a Q&A session with journalists, highlighting that decisions about long-run framework for monetary policy don't need to be made for quite some time:
- Fully intends to serve out term as chair
- Has not had conversations with Trump over her future plans
- Knows that Administration is working hard to fill out open slots at Fed board
Market updates post-FED:
AUD/USD backs away from session highs after Fed delivered a hawkish rate hike
USD/CHF rises to 3-day highs after FOMC decision
Yellen defends the hawkish rate hike, EUR/USD surrenders gains
NZD/USD eases from 4-month highs during Yellen's presser
US Dollar spikes toward 97 on hawkish Yellen
USD/JPY recovers further with Yellen
GBP/USD downside eyes a break of 1.2720 post FOMC
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