Yellen: Supporting Recovery Surest Path to Normal Monetary Policy

November 2013
Bond Buyer;11/15/2013, Vol. 122 Issue F345, p1
Trade Publication
The article presents views of vice-chairman of the Federal Reserve System Janet L. Yellen on the U.S. monetary policy during a hearing in front of the U.S. Senate Banking Committee as of November 2013. She states that strong economic recovery by the nation will allow the Federal Reserve to reduce its monetary accommodation and reliance on asset purchases. She also mentioned that inflation is lower than two percent and will continue at below two percent for some time as of 2013.


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