Yet again, just kicking the can further down the road: Yellen Says Fed Should Not Withdraw U.S. Stimulus Too Soon

Janet Yellen, the nominee for chairman of the Federal Reserve, said she’s committed to promoting a strong economic recovery and will ensure monetary stimulus isn’t removed too soon.

“I consider it imperative that we do what we can to promote a very strong recovery,” she said in response to a question during testimony today to the Senate Banking Committee in Washington. “It’s important not to remove support, especially when the recovery is fragile and the tools available to monetary policy, should the economy falter, are limited given that short-term interest rates are at zero.”

http://www.bloomberg.com/news/2013-11-14/yellen-says-it-s-imperative-to-promote-a-strong-recovery.html

Oh man

Yet again, just kicking the can further down the road: Yellen Says Fed Should Not Withdraw U.S. Stimulus Too Soon

Yet again, just kicking the can further down the road: Yellen Says Fed Should Not Withdraw U.S. Stimulus Too Soon

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