Market Vectors’ Fran Rodilosso: Yellen’s Comments Rattled the Markets, but the Fed’s Plans Should Come as No Surprise

NEW YORK--(BUSINESS WIRE)--While we may see further clarification from Federal Reserve Chair Janet Yellen or her colleagues in the coming days, her statement yesterday that there would likely be a six-month window between the end of the Fed’s Quantitative Easing program (QE) and the start of rate hikes was not all that surprising, according to Fran Rodilosso, fixed income portfolio manager for Market Vectors ETFs.