Last updated: February 22, 2018

Fed’s Yellen says ‘high-pressure’ policy may be only way back from crisis

BOSTON (Reuters) – The Federal Reserve may need to run a “high-pressure economy” to reverse damage from the 2008-2009 crisis that depressed output, sidelined workers, and risks becoming a permanent scar, Fed Chair Janet Yellen said on Friday in a broad review of where the recovery may still fall short.


Reuters: Business News

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