There's been quite a bit of news lately from the Federal Reserve, with the Fed taper and interest rates being at the top of the list. Janet Yellen recently took the helm of the prestigious central bank, and some investors are wondering what to expect going forward.

Will the ghost of Ben Bernanke live on, or will Yellen take the Fed in an entirely different direction? In the video below, analysts Mike Klesta and Dan Caplinger discuss the future of the Federal Reserve and what effect Fed policies will have on emerging markets stocks, including the iShares MSCI Emerging Markets (NYSEMKT:EEM) and the WisdomTree Emerging Markets (NYSEMKT:DEM) exchange-traded funds.