Yellen at the House Financial Services Committee
- We're quite close I would say to achieving our labor market objectives
- Productivity growth has been very disappointing
- We're quite close to achieving our goals
- Expect to continue removing monetary policy accommodation by raising short term rates
- Start of shrinking balance sheet will depend on economy
- Fed will discuss reinvestment policy in greater detail
- Labor market 'essentially' where it needs to be
- I look forward to a strong working relationship with Mnuchin
