World Week Ahead: Yellen testifies to Congress

Sun, 13 Jul 2014

By Margreet Dietz July 14 (BusinessDesk) - US Federal Reserve Chair Janet Yellen’s testimony to Congress will offer a key focus in the coming days, while investors will also try to gauge whether earnings support the improved outlook for the world’s biggest economy. On Tuesday, Yellen is scheduled to deliver her semi-annual policy testimony to the Senate Banking Committee, and the next day to the House Financial Services Committee. Last week minutes of the June Fed meeting showed that policy makers are planning to end their monthly bond...

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