Yellen explains stance in global debate over central banks using interest rates to improve financial stability.
By Craig Torres and Jeff Kearns, Bloomberg|July 03, 2014 at 08:21 AM|Originally published on Treasuryandrisk.Com
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Federal Reserve Chair Janet Yellen said that concerns about financial stability shouldn’t prompt a change in current monetary policy while flagging “pockets of increased risk-taking” in the financial system.