TITLE

Yellen: Supporting Recovery Surest Path to Normal Monetary Policy

PUB. DATE
November 2013
SOURCE
Bond Buyer;11/15/2013, Vol. 122 Issue F345, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
91988209

 

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