Fed's Yellen pulls out of ECB gathering in Portugal

June 27, 2016 11:03 AM

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Fed's Yellen pulls out of ECB gathering in Portugal

SINTRA Federal Reserve Chair Janet Yellen is no longer due to speak at a global central bank summit starting on Monday, the second high-profile defection after the Bank of England's governor pulled out following Britain's vote to leave the European Union.

An updated version of the program of the event, organized by the European Central Bank, showed on Monday that a panel with Yellen, ECB President Mario Draghi and BoE Governor Mark Carney had been taken out. Carney had canceled his attendance over the weekend.

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