Federal Reserve Chair Janet Yellen gives a talk this afternoon at the University of Michigan with some intriguing issues hanging in the wind.
Will Yellen give a road map to how the Fed plans to shed the $4.5T in bonds it holds on its balance sheet? And what will she say on the leak of confidential information to Medley Global by Richmond Fed President Jeffrey Lacker?
On a side note, Yellen reportedly met with Medley Global Advisors back in 2011 and 2012.
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