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re: UPDATE: Fed Chair Yellen is testifying live on CNBC now. (9:34 am, 2/11/16)

Posted on 2/10/16 at 10:03 am to
Posted by LSURussian
Member since Feb 2005
127260 posts
Posted on 2/10/16 at 10:03 am to
A clueless congresswoman (is that redundant?) read a question prepared for her about international economic conditions and "turmoil in international markets".

Yellen answered her question in some detail causing the congresswoman's eyes to glaze over.....
Posted by LSURussian
Member since Feb 2005
127260 posts
Posted on 2/10/16 at 10:07 am to
The same congresswoman followed up with a question about falling oil prices. Seemed to imply the Fed should do something about it.

Yellen talked about the effect of falling oil prices is having on inflation.
Posted by Bernie_Madoff
Jail
Member since Feb 2016
171 posts
Posted on 2/10/16 at 10:09 am to
Damn I missed it. Thanks for the highlights russian
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