Fed Chair Yellen Preps for Two Days of Capitol Hill Q&A

The transcript discusses the Federal Reserve's current economic policies, including interest rate hikes and balance sheet management. It highlights Congress's concerns about economic stimulus and the Fed's future leadership, particularly regarding Janet Yellen's position. The potential impact of rate hikes on the dollar and global economy is also explored, with references to the ECB's actions.

What questions are likely to be raised by Congress regarding interest rates?

What are the potential concerns regarding the Fed's balance sheet policy?

How might Janet Yellen's handling of her congressional hearings be perceived?

What implications could raising short-term rates too quickly have on the economy?

In what ways might the global economic landscape affect the U.S. dollar?