Fed's Yellen: Eventually will gradually stop reinvestments in balance sheet

Felipe Erazo FXStreet

More headlines keep hitting the wires, via Reuters, from Fed Chairwoman Janet Yellen's testimony at the semi-annual Humphrey Hawkins Testimony:

Fed committee wants to rely on short-term interest rates as much as possible
Says eventually will gradually stop reinvestments in balance sheet
Fed in coming months will be discussing Fed's investment strategy on its balance sheet

Author

Felipe Erazo

FXStreet

Born in Colombia, Felipe Erazo is the American Session Manager at FXStreet. He has been studying journalism with a degree in social communication at the Universidad de Chile.

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