Monetary Policy and the Economy
Federal Reserve Chair Janet Yellen testified before the Joint Economic Committee on the Federal Reserve System. She said that the says the h… read more
Federal Reserve Chair Janet Yellen testified before the Joint Economic Committee on the Federal Reserve System. She said that the says the highway funding bill that Congress had just passed would take a large share of the central bank’s operating surplus, which concerns her. She cautioned that tapping the resources of the Federal Reserve sets a bad precedent. close
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