Federal Reserve Chair Janet Yellen will head to Capitol Hill later this month to deliver her semiannual monetary policy report to Congress.
Expect typical gobbledygook from the Yale-educated money printer, whose chief role is to pretend to be "managing the economy," while really ensuring that banksters are kept rolling in the newly printed dough.
No doubt she will use discredited Phillips curve theory to justify her money printing.
Yellen will testify before the Senate Banking Committee on June 21 at 10 a.m. She will testify before the House Financial Services Committee on June 22.
This month she also delivers a speech on June 6 in Philadelphia at the World Affairs Council, then convenes a meeting of the Fed’s policy-setting committee June 14-15.