Yellen's opening remarks to House panel identical to July 15 testimony

Reuters News
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Posted: Jul 16, 2014 10:16 AM

WASHINGTON (Reuters) - U.S. Federal Reserve Chair Janet Yellen's testimony as prepared for delivery to the House of Representatives Financial Services Committee on Wednesday is a repeat of the remarks she delivered before the Senate Banking Committee a day earlier.

In her testimony, Yellen said the U.S. economic recovery remains incomplete, with a still-ailing job market and stagnant wages justifying loose monetary policy for the foreseeable future.

(Washington economics team)