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Yellen likely to repeat that Fed will be "patient" before raising rates: Nordea

Monday, February 23, 2015 6:48 AM UTC

Quotes from Nordea Markets:

-Tomorrow the focus will shift to the Fed with Janet Yellen presenting her semi-annual monetary policy testimony to Congress.

-We expect her to repeat that the Fed will be "patient" before raising rates and look for the first rate hike in September. Plenty of data also from the US this week, including the CPI on Thursday.

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Yellen likely to repeat that Fed will be "patient" before raising rates: Nordea

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