15-07-2015 19:01 via news.yahoo.com

Fed chief Yellen's Q&A testimony before House committee

The following are highlights of Federal Reserve Chair Janet Yellen's question-and-answer session on Wednesday before the U.S. House Financial Services Committee, where she delivered the central bank's semi-annual monetary policy report to Congress. "I would say ... our economy is in a much better state. Low interest rates have facilitated it, and a decision on our part to raise rates will say, 'No, the economy doesn't stink.' We're close to where we want to be, and we now think the economy can n
Read more »