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

WASHINGTON Wed Jul 16, 2014 1:00pm EDT

U.S. Federal Reserve Chair Janet Yellen adjusts her glasses as she testifies before the Senate Banking Committee on Capitol Hill in Washington July 15, 2014. REUTERS/Kevin Lamarque

U.S. Federal Reserve Chair Janet Yellen adjusts her glasses as she testifies before the Senate Banking Committee on Capitol Hill in Washington July 15, 2014.

Credit: Reuters/Kevin Lamarque

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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)

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