By Kate Davidson
Federal Reserve Chairwoman Janet Yellen will deliver her semiannual monetary policy report to the Senate Banking Committee on Feb. 14, a panel spokeswoman confirmed Friday.
Ms. Yellen will also testify before the House Financial Services Committee on Feb. 15, a spokesman for that committee said this week. The so-called Humphrey-Hawkins hearings -- a reference to the 1978 law that requires them -- will be Ms. Yellen's first appearance before Congress since the Fed raised interest rates a quarter percentage point in December.
Fed officials will meet again next week, but investors widely expect they will hold rates steady. Ms. Yellen said last week she doesn't see the U.S. economy at risk of overheating, asign that officials are sticking with their plan to raise rates gradually in the months ahead.
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(END) Dow Jones Newswires
January 27, 2017 17:31 ET (22:31 GMT)
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