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This guest article was written by Nikolai Kuznetsov from NikolaiKnows.com.
The FOMC will commence its next two-day policy meeting in late September 2016. It will be interesting to see what Federal Reserve Chairwoman Janet Yellen says about the current situation of the U.S. economy after making statements with hawkish undertones at the annual Jackson Hole Economic Policy Symposium.
Yellen’s comments have some currency traders on edge and had market participants and economists guessing what the Fed will do in regard to interest rates.
Now, we all know what Janet Yellen said in her Jackson Hole speech, but ... (read more)