PUBLISHED MAY 5th | By #SquaredFinancial | via #FXStreet
The #Nasdaq Comp stumbled following hawkish comments from #Yellen when she said “It may be that interest rates will have to rise somewhat to make sure that our #economy doesn’t overheat,”. She later clarified that higher rates were not something she is predicting nor recommending.. Will #stocks rebound today?
Read Our Morning Note and #FX Forecasts 👇
https://www.fxstreet.com/analysis/janet-yellens-comments-spooked-traders-202105050739
The #Nasdaq Comp stumbled following hawkish comments from #Yellen when she said “It may be that interest rates will have to rise somewhat to make sure that our #economy doesn’t overheat,”. She later clarified that higher rates were not something she is predicting nor recommending.. Will #stocks rebound today?
Read Our Morning Note and #FX Forecasts 👇
https://www.fxstreet.com/analysis/janet-yellens-comments-spooked-traders-202105050739
FXStreet
Janet Yellen's comments spooked traders
Morning Notes: Kaplan adding to Friday’s hawkish comments yesterday. He said "I think it will make sense to at least start discussing how we would go