Live updates of today's big afternoon of Fed news.
The Fed will start tapering bond purchases before too much longer. Could they start small?
The Fed has been making record earnings from its multi-trillion dollar bond portfolio. When that reverses, will it create political trouble for the central bank?
Rather than focusing on what's holding this recovery back, Yellen, Vice Chair of the Federal Reserve, focuses on the forces that have driven past recoveries -- the "tailwinds" -- but have been absent from this one.