Yellen will be the first report after the chairman of the Federal Reserve, the policy is concerned

Yellen will be the first to report the policy after being the chairman of the Federal Reserve.

Data Map: New Federal Reserve Chairman Yellen.

China News Service February 11th According to foreign media reports on the 11th, the new Fed Chair Yellen will attend the congressional hearing, respectively, to the US Senate and the House of Representatives to make a semi-annual report of the Federal Reserve, expounding policy stance . This will be the first report since Yellen took office.

On the 11th, Yellen will attend the hearing of the US House of Representatives Financial Services Committee, and on the 13th, she will attend the hearing of the Senate Banking Committee.

In the report, Yellen will make public comments on monetary policy and economic issues for the first time as the chairman of the Federal Reserve. Investors are concerned about whether she will inherit the policies of her predecessor Bernanke, and also hope to find clues about whether Yellen is worried about the turmoil in the US economy and the stock market.

The report said that Yellen might elaborate on the overall message that the Fed will retain all possible options and make decisions based on economic development.

In March, Yellen will host the first Fed meeting since taking office and will hold the first press conference.

Janet &middot, 67, was born in New York. He received his Ph.D. in economics from Yale University in 1971. He taught at the University of California at Berkeley and is a well-respected economist. From 1997 to 1999, he served as Chairman of the US President’s Council of Economic Advisers. In October 2010, he was sworn in as the vice chairman of the Federal Reserve Board.

In October 2013, US President Barack Obama officially nominated Yellen to serve as the Fed chairman after Bernanke stepped down. On January 6 this year, the Yellen nominee was approved by the Senate. On February 3, Yellen was officially sworn in as the chairman of the Federal Reserve Board to take over the · Bernanke became the first female president of the Fed in the 100-year history for a four-year term.

Responsible Editor: Zhang Xiaofang

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