Wednesday, March 19, 2014

Yellen Speaks, Stocks Stumble

This is a PBS evening news clip from tonight that shows Janet Yellen slipping today in her press conference and the explanation of her definition of "considerable" indicating that rates might go up in six months.  The point for your students is to show the power of the Federal Reserve chairperson's enormous power.  Notice the dip below just after Yellen gave her decidedly explicit answer.

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