Janet Yellen triggered a move in oil prices on March 19. West Texas Intermediate (WTI) soared 3.7% and Brent jumped 4.4%.
The talking heads jumped on their chance respond. "Nothing the Fed Chair said indicated a retreat from any pending rate hike!" cried the pundits.
So why all the market exuberance? Here what "Yellen's Effect" really means for oil prices...
Janet Yellen triggered a move in oil prices on March 19. West Texas Intermediate (WTI) soared 3.7% and Brent jumped 4.4%.
The talking heads jumped on their chance respond. "Nothing the Fed Chair said indicated a retreat from any pending rate hike!" cried the pundits.
So why all the market exuberance? Here what "Yellen's Effect" really means for oil prices...
