Yellen to continue with Bernanke policy

Source: RTT News
© Scanpix/Reuters
Janet Yellen, the Fed's new chairwoman, said to Congress that she approves the monetary policy of Ben Bernanke and will continue to work in the same direction, tapering stimulus in line with labor market improvement. Moreover, the 6.5% jobless rate will not mean an automatic increase of interest rates, as the Fed will track other important indicators, such as job creation, economic growth and inflation.

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