Yellen Faces What Bernanke, Greenspan Couldn’t Do: Ease Bubbles

Janet Yellen probably will confront a test during her tenure as Federal Reserve chairman that both of her predecessors flunked: defusing asset bubbles without doing damage to the economy. The central bank’s easy money policies already have led to pockets of frothiness in corporate debt and emerg…

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Yellen Faces What Bernanke, Greenspan Couldn’t Do: Ease Bubbles

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