Yellen Stresses Need For Flexibility Of Fed Policy

By MARTIN CRUTSINGER, AP Economics Writer, Seattle Post-Intelligencer: Business
Wed, 04/16/2014 - 10:05am

WASHINGTON (AP) — Federal Reserve Chair Janet Yellen says the Fed must remain intent on adjusting its policy as needed to respond to unforeseen economic challenges. In her first major speech on Fed policy, Yellen is seeking to explain the Fed's shifting guidance on its interest-rate policy, which at times has confused or jarred investors.

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