Fed’s Janet Yellen Says Era of Stimulative Monetary Policy Is Ending
by David Harrison
ANN ARBOR, Mich.—Federal Reserve Chairwoman Janet Yellen indicated Monday that the era of extremely stimulative monetary policy was coming to an end.
In a public discussion at the University of Michigan, Ms. Yellen said the Fed was moving away from its efforts to revive a recession-scarred economy and focusing instead on maintaining the gains of the past few years. Please click here to continue reading this article.