Author: Valentijn van Nieuwenhuijzen, Head of Strategy, at NN Investment Partners
Do the names Stanley Fischer or Lael Brainard say anything to you? Maybe not. Yet most of the followers of the financial markets treat their words like gold. They are in fact members of the board of the Federal Reserve, the most powerful central bank in the world, chaired by Janet Yellen. You’ve probably heard of her. All central bankers’ speeches are pored over by investors for signs of future policy changes. Their statements are often obvious, yet markets react to them.
