Fed's Yellen: Fully intends to serve out term as Chair

Felipe Erazo FXStreet

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

Author

Felipe Erazo

FXStreet

Born in Colombia, Felipe Erazo is the American Session Manager at FXStreet. He has been studying journalism with a degree in social communication at the Universidad de Chile.

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