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Yellen's Testimony to Congress

Posted on 2/11/14 at 10:36 am
Posted by BennyAndTheInkJets
Middle of a layover
Member since Nov 2010
5609 posts
Posted on 2/11/14 at 10:36 am
So far she isn't really giving Congress anything. A lot more boring than Bernanke but still, I'm glad she isn't giving them really anything to bite on. She kept saying 'validation', 'deliberate', etc..

My favorite quote was actually from Brad Sherman, "I know you're very busy with your job, so I know one of the things you regret is that you can't spend more time with accountants".

Glad some politicians have a sense of humor.
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 2/11/14 at 10:41 am to
JanetAndTheInkJets?
JanetGotAGun?

Also, the street seems to be happy, so I will not complain!
This post was edited on 2/11/14 at 10:45 am
Posted by ItNeverRains
37069
Member since Oct 2007
25697 posts
Posted on 2/11/14 at 1:17 pm to
What I heard was data suggest not to cut taper, and markets are responding
Posted by Blakely Bimbo
Member since Dec 2010
1183 posts
Posted on 2/12/14 at 9:46 am to
quote:

So far she isn't really giving Congress anything.


Her testimony was NOT THE most important event on capital hill yesterday. The house passed a debt ceiling bill that essentially suspends the debt ceiling until March 15, 2015. Debt ceiling much more important than anything coming out of Yellen's mouth.
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