Fed's Yellen: Fiscal policy is moderately accommodative

Fed's Chairwoman Janet Yellen is crossing the wires, via Reuters, stating that fiscal policy is "moderately" accommodative.

More headlines (via Reuters):

Says no evidence in labor markets of extreme shortages of labor that could push inflation quickly higher
Says does not judge that fed is behind curve on inflation

Dec 14, 2016

EUR/USD flat lined below 1.06 as Yellen does balancing act

The EUR/USD has recovered from the session low of 1.0558 and is now trading in the sideways manner around 1.06 handle as the Fed chair Yellen reiterat

Fed's Yellen: Working to ensure smooth transition to new administration

More headlines are crossing the wires, via Reuters, from Fed Chairwoman Janet Yellen's media briefing after the central bank decided to raise rates by