Wednesday, February 15, 2017

Yellen Defends Fed's Large Balance Sheet During House Questioning

Federal Reserve Chairwoman Janet Yellen defended the central bank’s decision to hold off on shrinking its large portfolio of assets until the process of raising short-term interest rates is well under way, in testimony before the House Financial Services Committee.

from WSJ.com: US Business http://ift.tt/2li0rse
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