US: Federal Reserve Chair Janet Yellen Speech

Wed May 06 08:15:00 CDT 2015

Federal Reserve Chair Janet Yellen and IMF Managing Director Christine Lagarde conversation in Washington.

Though Fed Chair Janet Yellen did not address monetary policy or the economic outlook in today's speech about risk in the financial sector, she did warn, in comments with IMF Managing Director Christine Lagarde, that valuations in the stock market are "generally quite high" which do pose potential risks.