Yellen to Speak in Philadelphia and Cambridge

The Wall Street Journal
May 16, 2016
By Kate Davidson

Federal Reserve Chairwoman Janet Yellen will speak June 6 before the World Affairs Council of Philadelphia, a Fed spokesman confirmed Monday.

The speech will come three days after the May jobs report, and just over a week before Fed officials convene for a two-day policy meeting to decide whether the economy is healthy enough for another interest-rate increase.

About 31% of economists surveyed by The Wall Street Journal this month said the Fed will raise short-term interest rates at its June 14-15 meeting, while another 31% expected it to wait until September. Another 21% thought the Fed will next move at its July meeting. For the first time since February, June wasn’t the economists’ consensus pick for the next Fed rate increase.

Ms. Yellen is also slated to appear May 27 in Cambridge, Mass., where she will receive the Radcliffe Medal at the Radcliffe Institute for Advanced Study at Harvard University. The ceremony will include remarks from former Fed Chairman Ben Bernanke, and a discussion between Ms. Yellen and Harvard economics professor Gregory Mankiw, former chairman of the Council of Economic Advisers under President George W. Bush.

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