Yellen: Fed should tie rate hikes to unemployment, inflation
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Yellen: Fed should tie rate hikes to unemployment, inflation

New York City : NY : USA | Nov 13, 2012 at 1:49 PM PST
Source: MarketWatch
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Federal Reserve Vice Chairman Janet Yellen on Tuesday backed a sea change in the central bank's communication policy, saying that the Fed should tie rate hikes to specific levels of unemployment and inflation. At the moment, the Fed says it expects to keep rates low until mid-2015. FULL ARTICLE AT MarketWatch
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The Senate has voted to confirm Janet Yellen as Federal Reserve vice chairman
The Senate has voted to confirm Janet Yellen as Federal Reserve vice chairman
 
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