Federal Reserve Chairwoman Yellen Heads Back to Capitol Hill Today; Earnings Parade Continues
Federal Reserve Chairwoman Janet Yellen heads back to Capitol Hill today, this time to testify about the economy and interest rates before a House Committee.
Wall Street has a full agenda today. Federal Reserve Chairwoman Janet Yellen heads back to Capitol Hill today, this time to testify about the economy and interest rates before a House Committee. She indicated yesterday, during testimony before a Senate Panel, that conditions weren't right for an interest rate hike anytime soon. January Home Sales and Retail earnings also continue today. Meanwhile, President Barack Obama followed through on his veto threat for the Keystone Pipeline, the Senate vows to try to override his veto. Lending Club disappoints investors with its first quarterly report as a public company. Dreamworks Animation also disappoints as movies flop.
