Here Is What to Expect From Janet Yellen's Congressional Testimony
Federal Reserve Chair Janet Yellen is speaking before the Senate Banking Committee on Tuesday.
Federal Reserve Chair Janet Yellen is speaking before the Senate Banking Committee on Tuesday in a semiannual address about the state of the economy and interest rates. Jay Jacobs, head of research and vice president at Global X Funds, doesn't expect Yellen to use the speech as an opportunity to prepare the markets for a March rate hike. Investors are only pricing in a 13% chance of a liftoff in March. Yellen's testimony begins at 10 a.m. Eastern. TheStreet's Scott Gamm reports from Wall Street.









