by Mike ‘Mish’ Shedlock
Mish Talk
Earlier today Fed Chair Janet Yellen made a speech to the Economic Club of New York on The Outlook, Uncertainty, and Monetary Policy.
In her speech, Yellen was Lovey-Dovey Citing “Other Tools” and More QE.
Let’s explore the effect of Yellen’s newfound lovey-doviness on interest rate hike expectations and other financial assets.
Rate Hike Odds September