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Monday, February 2, 2015

Monetary

News                                                                                                                             
Wall Street Journal | Yellen Tells Senate Democrats U.S. Economy is Strong
Ms. Yellen conveyed that “things are going well” for the economy, unemployment is low, but some people are still hurting, Sen. Joe Manchin (D-W.V.) told reporters after emerging from the luncheon Thursday afternoon. “She feels the economy is strong, a lot is good,” he said.

Blogs                                                                                                                             
Wall Street Journal | Fed-Watchers Look to Janet Yellen’s February Testimony Before Congress
If Federal Reserve Chairwoman Janet Yellen would like to start shifting the central bank away from rhetoric that has pointed to a first interest-rate increase around midyear, next month’s semiannual testimony before Congress may be just the forum.