Tuesday, June 21, 2016

Yellen Predicts Volatility if Britain voted to Leave EU

US Federal Reserve Chairman Janet Yellen is predicting volatility in financial  markets, if Britain  votes to exit the European Union.

America's  central  bank has also issued a report saying that even though  economic vulnerabilities were described as moderate, "Brexit" could pose risks  to financial stability. 

Janet Yellen didn't endorse either side in the British debate,  but said the EU-UK relationship  was very important...

IN: I think it would usher...
OUT: ...financial  conditions.
DUR:  15"