This week, important officials from the Federal Reserve will speak, most notably is the speech of the President of the Federal Reserve Janet Yellen. She explicitly announced that she was seeking to eliminate monetary stimulus policies. She is expected to reaffirm this view and support the December increase in interest rates. Federal Reserve chiefs will also speak. Dudley, the head of the Federal Reserve of New York and Williams, the head of Federal Reserve of San Francisco will also speak. In recent speeches, these two important Federal Reserve officials have emphasized the prevention of a rapid rate growth of inflation, while both believe that instead of waiting for inflation to reach 2 percent, it is better to facilitate the way in order to inflation reach to 2 percent.
Janet Yellen attended the G-30 summit with the heads of central banks of China, Japan, and Europe. The meeting ends today. In the middle of the week, Dudley will speak. If the US Federal Reserve does not emphasize on the rise in interest rates in December and the recent weak economic reports be worrying for the authorities, and the authorities will acknowledge that anything can happen in the remaining 6 weeks, the dollar will fall.