Janet Yellen Speech: Congressional Testimony - Day 2 - LIVE

fxstreet.com  ( Original )
JUL 13, 2017

Janet Yellen, Chair of the Board of Governors of the Federal Reserve System, is returning to Capitol Hill to deliver the second part of her testimony before the Senate Banking Committee at 14 GMT. 

On Wednesday, in her statement before the House Financial Services Committee, Yellen reiterated the views from the June meeting and said that the Fed was planning to start shrinking its massive $4.5 trillion portfolio later this year, and the bank was on track to continue with gradual interest rate hikes.