World Week Ahead: Yellen testifies

Sun, 12 Feb 2017

By Margreet Dietz Feb. 13 (BusinessDesk) - Investors will eye US Federal Reserve Chair Janet Yellen's semi-annual testimony to Congress days after President Donald Trump’s promises on taxes sent Wall Street to fresh record highs. Yellen will testify before the Senate Banking Committee on Tuesday and before the House Financial Services Committee on Wednesday. The Fed has signalled it plans to raise interest rates three times this year, though some analysts say the central bank might not follow through on all of them. “I actually think T...

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