# Janet Yellen: Semiannual Monetary Policy Report to the Congress

> Fed Chair Janet Yellen delivered her semiannual Monetary Policy Report testimony to the Senate Banking Committee on February 14, 2017. She reviewed job gains, a 4.8 percent unemployment rate and rising wage growth, and discussed the outlook for monetary policy.

- Date: 2017-02-16 · published 2017-02-16T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/72392-janet-yellen-semiannual-monetary-policy-report-to-the-congress
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Signals of a tightening labor market and possible further rate increases point to a firmer dollar, which tends to pressure dollar-priced commodities.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-06-23 | [Jerome H Powell: Semiannual Monetary Policy Report to the Congress](https://feedsoft.ai/events/40849-jerome-h-powell-semiannual-monetary-policy-report-to-the-congress.md) | +0.4% | +2.0% |
| DXY | 2017-11-23 | [Account of the monetary policy meeting](https://feedsoft.ai/events/68185-account-of-the-monetary-policy-meeting.md) | -0.1% | +0.3% |
| DXY | 2018-11-22 | [Account of the monetary policy meeting](https://feedsoft.ai/events/62238-account-of-the-monetary-policy-meeting.md) | +0.1% | +0.1% |
| DXY | 2018-04-12 | [Account of the monetary policy meeting](https://feedsoft.ai/events/65690-account-of-the-monetary-policy-meeting.md) | -0.0% | +3.5% |
| DXY | 2022-06-02 | [An Update on the Economy and Monetary Policy](https://feedsoft.ai/events/40854-an-update-on-the-economy-and-monetary-policy.md) | -0.3% | +1.9% |

## Sources

- bis.org: https://www.bis.org/review/r170216a.htm

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.