• Former Fed chair Yellen: Central banks have done a good job responding to crisis - Bloomberg

Market news

16 November 2020

Former Fed chair Yellen: Central banks have done a good job responding to crisis - Bloomberg

  • Monetary policy has limits, lower bound is constraint
  • Fiscal relief is essential
  • No conflict between Fed's dual goals of jobs, inflation
  • Strong job market brings benefits to minorities
  • Fed shouldn't target any groups unemployment rate

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