Yellen, tenure winding down, to update her economic outlook
WASHINGTON (AP) " Federal Reserve Chair Janet Yellen will update Congress on her economic outlook Wednesday and possibly weigh in on the mystery of why inflation has remained persistently below the Fed's target rate.Yellen's testimony to the Joint Economic Committee could mark her final appearance before Congress before her four-year term as Fed chair ends in February. Her successor will be Jerome Powell, a Fed board member who himself addressed a Senate panel Tuesday at his [...]
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