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Yellen could address financial bubble concern at Jackson Hole - John Kicklighter Yellen could address financial bubble concern at Jackson Hole - John Kicklighter

FXStreet (Łódź) - John Kicklighter, Senior Currency Strategist for FXCM in New York suggests in an interview for FXStreet that Fed head Janet Yellen could speak about the financial bubble woes at the Jackson Hole summit on Friday.

Key quotes

"The Fed Chair has made a concerted effort to maintain a dovish leaning status quo through both the FOMC policy meetings and her own press conference outings."

"From her perspective, inspiring confidence in the markets is critical."

"The central bank is trying to keep interest rates down to support growth, acclimatize the market to a future where normalization will have to take place and attempt to curb a financial bubble."

"The rate focus has been consistent and the preparation of a withdrawal of stimulus has grown consistent over the past six months."

"The financial bubble concern has only recently found its way into the commentary."

"And yet, it can pose a serious problem to the entire effort. I would not be surprised to see the most substantial new ground broken on this topic."

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