World Week Ahead Eyes on Yellen

Sun, 23 Feb 2014

Feb. 24 (BusinessDesk) – A key focus this week will be Federal Reserve Chairman Janet Yellen’s rescheduled testimony before the Senate Banking Committee on Thursday to gauge if the central bank expects to stay on course in its gradual reduction of its bond-buying program. Earlier this month, Yellen’s semi-annual testimony to the House showed policy makers remained upbeat about the outlook for the world’s largest economy, even as harsh winter weather weighs on the pace of the recovery. “The market is trying to figure out where we are—the qu...

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