While you were sleeping Yellen eases concern

Mon, 31 Mar 2014

By Margreet Dietz April 1 (BusinessDesk) – Wall Street gained after Federal Reserve Chair Janet Yellen reassured investors that the central bank remained committed to bolstering the US jobs market, consumer spending, corporate investment and the nascent housing recovery. “One reason why I believe it is appropriate for the Federal Reserve to continue to provide substantial help to the labour market, without adding to the risks of inflation, is because of the evidence I see that there remains considerable slack in the economy and the labour mar...

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