Economics

Wall Street Waits for Yellen Before Taking Off for a Long Weekend

  • Fed chief has remarks scheduled for Friday afternoon
  • Plans for early getaway before long weekend are upended

Is the Fed Really Ready to Raise Interest Rates?

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The Friday before Memorial Day weekend is typically dead on Wall Street. The bond market shuts early and trading in stocks slows to a trickle as everyone hightails it out of town.

Not this year.