Fed's Yellen: Inflation reasonably close to target

Fed's Chairwoman Janet Yellen is hitting the wires, via Reuters, stating that she expects U.S. economy to continue growing at moderate pace.

More headlines (via Reuters):

• Unemployment 4.5 pct a bit below 'full employment'
• Economy growing at moderate pace
• Economy mainly supported by consumer spending
• Global economy seems to be operating in slightly more robust way