Yellen Speech Next Week Canceled, Nomination as Fed Chair Expected Very Soon

From the WSJ: Yellen Speech Canceled as White House Weighs Fed Pick

The Economic Club of New York has canceled a coming speech by Fed Vice Chairwoman Janet Yellen as the White House moves closer to selecting a new head of the central bank.

The group said Friday that the Oct. 1 speech by Ms. Yellen had been called off but gave no reason.

My guess is the nomination will be announced Monday.