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MNI's Karen Mracek asks in MNI Analysis Main....>

FED
FED: MNI's Karen Mracek asks in MNI Analysis Main Wire Story, "Did Yellen Just
Talk Herself Out of a Job?"' She noted Fed Chair Janet Yellen on Friday
"staunchly defended the Federal Reserve's track record of fighting off the
instability exposed during the Great Recession and limiting risks going forward,
but her remarks put her at odds with the Trump administration's intent to
deregulate the financial industry."
- She adds Yellen's speech had "little immediate impact on rate expectations but
may prove to be a watershed moment for the future of U.S. monetary policy if it
was a signal that the Obama appointee did not plan to continue on as Fed chair
when her term expires in February. Yellen's speech at the annual economic
symposium hosted by the Kansas City Fed in Jackson Hole did not address interest
rates or the Fed's balance sheet and instead rehashed the financial crisis and
financial regulators' response to it." (For more please see MNI Main Wire story
at 11:50 am ET.)

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