Waiting for Janet: If you had CNBC on yesterday, you likely couldn’t help but notice the massive “Countdown to Yellen Speech” ticker on the set. US Federal Reserve chair Janet Yellen will speak tomorrow at a meeting of central bank governors in Jackson Hole, Wyoming. Market watchers will be scouring her remarks for clues on whether the Fed will hike rates, CNBC notes, but JP Morgan thinks it’s rather unlikely the cautious chair will say much of note tomorrow: “The market is hoping that she’s going to give us clarification, not only on long-term monetary policies, but also some clarity on current monetary policy. [However], it’s likely that the market is going to be disappointed. [It] would be wise not to expect too much from Janet going into Friday,” said JPM’s Priscilla Hancock, whose firm is calling a December rate hike. The Fed next considers interest rates on 20-21 September, and the Central Bank of Egypt’s Monetary Policy Committee will follow suit on 22 September.

Worth reading if you’re a central bank nerd: The Telegraph’s Matthew Lynn on Three questions central banks must ask themselves. Namely: Is quantitative easing actually working? Have we broken the banking system? And: Isn’t it time to update economic models that no longer tell us much about the real world?