While you were sleeping Yellen shows support

Wed, 16 Apr 2014

By Margreet Dietz April 17 (BusinessDesk) – Wall Street rose after US Federal Reserve Chair Janet Yellen reassured investors that the central bank will continue with its easy money policy to bolster the US economic recovery. “The larger the shortfall of employment or inflation from their respective objectives, and the slower the projected progress toward those objectives, the longer the current target range for the federal funds rate is likely to be maintained,” Yellen told the Economic Club of New York. “This approach underscores the continu...

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