Yellen: Janet Yellen

Janet Yellen: The one thing investors will most want to know is the one thing Yellen isnt likely to say: When she expects the Fed to scale back its stimulus for the economy, according to 660 News. For these reasons, the Federal Reserve is using its monetary policy tools to promote a more robust recovery, Yellen says in her testimony. I believe that supporting the recovery today is the surest path to returning to a more normal approach to monetary policy and WASHINGTON Janet Yellen faces a Senate hearing Thursday on her nomination to lead the Federal Reserve and she is sure to face skepticism from Republicans who say the Feds policies may be swelling asset bubbles or raising the risk of high inflation. In testimony prepared for the hearing, Yellen says the economy has regained ground lost to the recession. But she says unemployment remains too high and notes that the Fed is still trying to accelerate the recovery. (www.immigrantscanada.com). As reported in the news.