Fed Chair Nominee Has No Plans for Quick End to QE
Janet Yellen testifies before Senate Banking Committee
Nov. 14, 2013
By JIM PUZZANGHERA Los Angeles Times – McClatchy-Tribune Information Services
WASHINGTON — Federal Reserve chairman nominee Janet L. Yellen strongly defended the central bank’s stimulus efforts under questioning at her Senate confirmation hearing Thursday, saying the controversial bond-buying program has helped the economy recover.
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