Yellen Says ‘High Degree’ of Easing Needed Amid Job-Market Slack

Federal Reserve Chair Janet Yellen told lawmakers the central bank must press on with monetary stimulus as “significant slack” remains in labor markets and inflation is still below the Fed’s goal. “A high degree of monetary policy accommodation remains appropriate,” Yellen said today in semi-ann…

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Yellen Says ‘High Degree’ of Easing Needed Amid Job-Market Slack

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