Thursday, March 02, 2017

Friday: Yellen, ISM Non-Mfg Index

by Bill McBride on 3/02/2017 09:32:00 PM

This will be a closely watched speech by Fed Chair Janet Yellen. It appears that the FOMC is leaning towards raising rates this month.

Friday:
• At 10:00 AM, the ISM non-Manufacturing Index for February. The consensus is for index to increase to 57.2 from 57.1 in December.

• At 12:30 PM, Speech by Fed Vice Chairman Stanley Fischer, Fed Monetary Policy Decisionmaking, At the 2017 U.S. Monetary Policy Forum, New York, N.Y.

• At 1:00 PM, Speech by Fed Chair Janet Yellen, Economic Outlook, At the Executives Club of Chicago, Chicago, Ill.