“I KNOW MAR­KET PAR­TIC­I­PANTS RE­ALLY WANT TO KNOW EX­ACTLY WHAT’S GO­ING TO HAP­PEN. THERE IS, AS I SAID ABOUT 18 TIMES, NO PRESET PLAN.”

Finweek English Edition - - THE WEEK -

− US Fed­eral Re­serve chair Janet Yellen com­ments on the out­look for interest rates in a speech on 6 June. The Fed was widely ex­pected to hike rates again when it meets on 14 and 15 June, but weaker-than-ex­pected jobs data in May has caused the Fed to re­think its plans, ny­times.com re­ported. Yellen high­lighted a num­ber of eco­nomic un­cer­tain­ties fac­ing the Fed, in­clud­ing the in­con­sis­tency of re­cent eco­nomic data and Bri­tain’s com­ing ref­er­en­dum on whether to re­main in the EU, it re­ported. A breakup would be eco­nom­i­cally dis­rup­tive, she said.

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