Federal Reserve Chair Janet Yellen To Testify Before Joint Economic Committee In December

WASHINGTON (Reuters) -- Federal Reserve Chair Janet Yellen will appear at the Joint Economic Committee of the U.S. Congress on Dec. 3, a committee representative said Saturday. "Chair Yellen is scheduled to testify before the Joint Economic Committee the morning of Thursday, December 3," Kristine Michalson said in an email.

The Fed's policy-setting Federal Open Market Committee is meeting next week, but it is not expected to raise rates, which have been kept near zero for nearly seven years.

Economists see a December rate increase as more likely, but futures markets are not pointing to a move until next year.

(Reporting by David Chance; Writing by Mohammad Zargham; Editing by Hugh Lawson)