3 Things to Know About Janet Yellen's Speech to Congress

Now watching

Next video starts in : 7 Play

3 Things to Know About Janet Yellen's Speech to Congress

3 Things to Know About Janet Yellen's Speech to Congress
Replay video
Up next

July Fourth in New York City Means Two Things: Fireworks and Hot Dog Eating Contests

Unlock your personal NFL Now stream by signing in to NFL.com

3 Things to Know About Janet Yellen's Speech to Congress

by TheStreet 1:49 mins

3 Things to Know About Janet Yellen's Speech to Congress

by TheStreet 1:49 mins

Federal Reserve Chairman Janet Yellen on Tuesday addressed the Senate Banking Committee as part of her semi-annual address to Congress. TheStreet's Joe Deaux reports from Washington that the Fed head didn't provide any shocking updates to monetary policy, which is important for investors to know. Additionally she spoke about the huge drawbacks to long-term unemployment and why unemployment benefits are a critical safety net for them. She also addressed the rising worries about inflation and said the central bank isn't currently concerned about longer-run inflation projections.

TheStreet

Personal Finance

  1. 1:04

    Money Minute: Can I really negotiate my doctor's bills?

  2. 1:59

    Unexpected -- and brilliant -- ways these people made tons of money

  3. 1:07

    How to start investing in your 401(k)

  4. 2:23

    You can't go wrong if you major in a STEM field and other myths about college

  5. 2:17

    How much would you spend on your wedding?

  6. 1:10

    Money Minute: When is the right time to lock in your mortgage rate?