Janet Yellen Addresses Joint Economic Committee of Congress: Live Blog Recap


WASHINGTON (TheStreet) -- Federal Reserve Chair Janet Yellen addressed the Joint Economic Committee of Congress as she delivered the central bank's outlook for the U.S. economy.

The speech came amid the Fed's major pullback in its economic stimulus program and as the marketplace shifts its focus to when the central bank will raise its key interest rate.

This was Yellen's first testimony to the committee. The chair last appeared for a Congressional hearing in February to deliver a speech to the Senate Banking Committee.

TheStreet's Joe Deaux is in Washington, blogging live from the event.

-- Written by Joe Deaux in New York.

>Contact by Email.

More from Rates and Bonds

U.S. Economy Added 103,000 Jobs in March, Missing Projections

U.S. Economy Added 103,000 Jobs in March, Missing Projections

U.S. Economy Seen Adding Jobs at 'Goldilocks' Pace For Stock Investors

U.S. Economy Seen Adding Jobs at 'Goldilocks' Pace For Stock Investors

Borrowing Costs Surge to Nearly 9-Year High Amid Changing Money Markets

Borrowing Costs Surge to Nearly 9-Year High Amid Changing Money Markets

3 Big Takeaways From Fed Chairman Jerome Powell's First FOMC Meeting

3 Big Takeaways From Fed Chairman Jerome Powell's First FOMC Meeting

Federal Reserve Raises Interest Rates in Push to End Easy Money

Federal Reserve Raises Interest Rates in Push to End Easy Money