Fed: Yellen speech in the limelight – BBH

Analysts at BBH suggests that some observers are playing up the importance of Yellen's speech on Monday in the US afternoon as it is the first appearance since the FOMC meeting. 

Key Quotes

“We make two points. First, she rarely goes beyond the FOMC statement and her press conference.  Second, she is delivering a commencement speech at the University of Baltimore.  It is hardly the forum to get into the nuances of monetary policy, the Fed's balance sheet, or the implications of a fiscal policy that does yet exist.”