Chairwoman Yellen states she has a 'to do' list that includes 'Too Big To Fail.'

The is going to sign off on bond sales at the 6.5 percent unemployment rate. It is very close to the point where the Fed is moving on from the recovery and quantitative easing.

Household Survey Data (click here)
Both the number of unemployed persons (10.5 million) and the unemployment rate (6.7 percent) changed little in February. The jobless
rate has shown little movement since 
December. Over the year the number of unemployed persons and the unemployment rate were down by 1.6 million and 1.0 percentage point, respectively. (See table A-1)

Labor Force States graph (click here)  

It is interesting, isn't it? The USA economy and unemployment rate is normalizing and the only discussion in the political world is about job creation numbers rather than the unemployment rate.

As the country finds it's stride there will be less job creation as the employed numbers improve and the circulating liquidity in the consumer markets defines demand.

Chairwomen Yellen believes the bond purchases have put downward pressure on interest rates and sees no reason to fix any interest rate at this point. She also states the QE will end in six months. 

She also stated she is dedicated to a 2% inflation rate. She will seek to adjust the interest rate to maintain an inflation rate below that percentage.