Lots of talk about Trump this week, not enough about Yellen
Trump is going to be vague and promise amazing things in his speech tomorrow but bet against specifics. Meanwhile, Janet Yellen has scheduled a speech after non-farm payrolls and could use it to prime markets for a move on March 15 in what's guaranteed to be a big market mover.
Here's the full rundown of Fed speakers this week.
Tuesday:
- Harker
- Williams
- Bullard
Wednesday:
- Kaplan
- Beige Book
- Brainard
Thursday
- None planned
Friday
- Mester
- Evans
- Lacker
- Powell
- Fischer
- Yellen
That's a heavy schedule but it's typical ahead of a big decision. At the moment, the market is pricing in a 40% chance of a hike.
