US Fed Chair Yellen Testifies
As head of the central bank, which controls short term interest rates, she has more influence over the nation's currency value than any other person. Traders scrutinize her public engagements as they are often used to drop subtle clues regarding future monetary policy;
Fed Chair Feb 2014 - Feb 2018. Fed Governor Oct 2010 - Feb 2018. The testimony usually comes in 2 parts: first she reads a prepared statement (a text version is made available on the Fed's website at the start), then the committee will hold a question and answer session. Since the questions are not known beforehand they can make for some unscripted moments that lead to heavy market volatility;
- History
| Expected Impact / Date | Description |
|---|---|
| Nov 29, 2017 | Due to testify on the US economic outlook before Joint Economic Committee of Congress, in Washington DC; |
| Jul 13, 2017 | Due to testify on the Semiannual Monetary Policy Report before the Senate Banking Committee, in Washington DC; |
| Jul 12, 2017 | Due to testify on the Semiannual Monetary Policy Report before the House Financial Services Committee, in Washington DC; |
| Feb 15, 2017 | Due to testify on the Semiannual Monetary Policy Report before the House Financial Services Committee, in Washington DC; |
| Feb 14, 2017 | Due to testify on the Semiannual Monetary Policy Report before the Senate Banking Committee, in Washington DC; |
| Nov 17, 2016 | Due to testify about the economic outlook before the Joint Economic Committee, in Washington DC; |
| Sep 28, 2016 | Due to testify on supervision and regulation before the Committee on Financial Services, in Washington DC; |
| Jun 22, 2016 | Due to testify on the Semiannual Monetary Policy Report before the House Financial Services Committee, in Washington DC; |
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- US Fed Chair Yellen Testifies News
From @zerohedge|Nov 29, 2017|3 commentsBREAKING
From @DeItaOne|Nov 29, 2017|2 commentsBREAKING BREAKING BREAKING BREAKING
From c-span.org|Nov 29, 2017VIDEO
From cnbc.com|Nov 29, 2017|3 comments• Fed Chair Janet Yellen called on Congress to adopt policies that will promote investment, education and infrastructure spending. • She said growth overall has been "disappointingly slow" though the economy more recently "appears to have stepped up." • Interest rates likely will continue to get pushed higher gradually as growth continues, Yellen added. Federal Reserve Chair Janet Yellen called on Congress to adopt policies that will get U.S. economic growth out of its "disappointingly slow" post-recession pattern. In what is likely ...
From @ljzaz|Nov 29, 2017|7 commentsBREAKING BREAKING
Yellen: The Current Economic Outlook and Monetary Policy Chairman Tiberi, Ranking Member Heinrich, and members of the Committee, I appreciate the opportunity to testify before you today. I will discuss the current economic outlook and monetary policy. The Economic Outlook The U.S. economy has strengthened further this year. Smoothing through the volatility caused by the recent hurricanes, job gains averaged about 170,000 per month from January through October, a somewhat slower pace than last year but ...
From cnbc.com|Jul 13, 2017|4 commentsFed Chair Janet Yellen, in testimony Thursday before Congress, walked back comments she made recently that there would not be another financial crisis "in our lifetime." Instead, the central bank chief said banking regulations have made another crisis significantly less likely and the financial system has enough capital on hand to withstand a downturn. "What I should have stated originally when I made that comment, I believe we have done a great deal since the financial crisis to strengthen the system and to make it more resilient," ...
From bloomberg.com|Jul 13, 2017|4 commentsFederal Reserve Chair Janet Yellen said 3 percent U.S. economic growth would be an admirable but difficult feat to achieve over the next few years, casting doubt on the Trump administration’s ability to reach that goal with deregulation, infrastructure spending and tax reform. “It’s something that would be wonderful if you can accomplish it -- I’d love to see it,” she said in response to a question from Senator Bob Corker, a Republican from Tennessee who asked whether the target is reachable over the next five years. “It would be ...
- From @DailyFXTeam|Jul 13, 2017
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| Released on Nov 29, 2017 |
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| Released on Jul 13, 2017 |
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