I posted the headlines from Yellen’s speech here, and a quick recap from the Wall Street Journal here.
The Wall Street Journal is often gated so there is also a recap from Bloomberg available ungated here: Yellen Says Economy Performing ‘Far Short’ of Potential.
The immediate market reaction has calmed somewhat. There were no surprises in her prepared speech, and now the market has digested it we are returning to the normal ebb and flow.