Janet Yellen first message – Is Ok by now!

To sum up Yellen first message as FED chairman.  Fed will continue its monetary easing strategy as long as unemployment above 6.5%.  Measuring permanent full time job rather than part time or short term job.  This mean it will be still sometimes.

Fed accessing emerging market volatility impact to US market is minimal.

We agree that this indicate a slightly stabilisation to emerging market by now.  Probably 3-6 months and we will see again.

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