The economy is getting closer to running on its own, Yellen says

(RECAP: The U.S. economy is closing in on the Federal Reserve’s goals, giving the central bank impetus to start reducing the extreme levels of support it has provided over the past decade, Chair Janet Yellen said in a speech Wednesday. After more than a decade of benefiting from historically aggressive easing measures, the economy is “close” to the Fed’s objectives, though policy removal is expected to be slow, Yellen said in San Francisco. The speech, to the Commonwealth Club, essentially served as a monetary policy primer, though she did drop some hints about the road ahead.)