Federal Reserve Chair Janet Yellen Heads to Capitol Hill Today

Federal Reserve Chairman Janet Yellen will like be asked about how President-elect Donald Trump's policies may impact the economy and interest rates. She will head to Capitol Hill for a day of Congressional testimony. Yellen's term expires in 2018 and Trump has indicated he would replace her as head of the Federal Reserve. Cisco Systems ( ) shares are suffering after the tech company beat earnings expectations for the previous quarter but warned about the current quarter. The company believes revenue will drop between 2% and 4% for the current period versus a 2% increase expected. Today, President-elect Trump will meet with Japanese Prime Minister Shinzo Abe, his first face to face meeting with a foreign leader. Abe says he wants to promote trust and emphasize the long standing alliance between the United States and Japan.

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