Tuesday, April 1, 2014

Yellen’s dovish comments boost investors’ spirits | ForexTV

Yellen’s dovish comments boost investors’ spirits | ForexTV: "Equity markets closed out the first quarter of the year on a strong note, with the S&P rallying 0.79% after Janet Yellen spoke in Chicago and reiterated the FOMC’s commitment to offer extraordinary support for the US economy due to the fact that the job market is still not back to “normal” health.  Investors were joyous with Yellen’s dovish comments that the Fed takes their 2% inflation goal seriously, and that tapering is not a lessening of their promise remove some of the considerable slack in the economy.  "

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