Thu, 14 Nov 2013 11:19:08 GMT
Yellen: Fed to support economy after she replaces Bernanke
Janet Yellen, the newly elected chairwoman of the Federal Reserve, said on Wednesday that the monetary policy makers are ready to stimulate the U.S. economy in the future, as she personally supports the assets-buying program. Yellen warned that despite the growth in construction, housing and manufacturing sectors, the unemployment rate in the country still remains at the very high level.