Economy

Yellen Says Fed Will Stay On Current Coursei
X
February 11, 2014 10:07 PM
The new head of the U. S. central bank says policy makers will probably continue to ease efforts to stimulate growth as the recovering economy expands at a moderate pace this year and next. In her first appearance before Congress as Chair of the Federal Reserve, Janet Yellen also said unemployment is still too high. VOA's Jim Randle reports from Washington.

Yellen Says Fed Will Stay On Current Course

Published February 11, 2014

The new head of the U. S. central bank says policy makers will probably continue to ease efforts to stimulate growth as the recovering economy expands at a moderate pace this year and next. In her first appearance before Congress as Chair of the Federal Reserve, Janet Yellen also said unemployment is still too high. VOA's Jim Randle reports from Washington.


You May Like

Katrina Brought Enduring Changes to New Orleans

The city’s recovery is the result of the people and culture the city is famous for, as well as newcomers and start-up industries More

China to Open Stock Markets to Pension Funds

In unprecedented move, government to soon allow local pension funds to invest up to $94 billion in domestic shares More

Magical Photo Slides Show Native Americans in Late 1800s

Walter McClintock spent 20 years photographing the Blackfoot Indians and their vanishing culture at the dawn of the modern age More