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Fed's Yellen says forceful stimulus still needed
Yahoo Political News - | Monday, March 04, 2013

U.S. Federal Reserve Vice Chair Yellen speaks at AFL-CIO in WashingtonWASHINGTON (Reuters) - Janet Yellen, the Federal Reserve's influential vice chair, said on Monday the central bank's aggressive monetary stimulus is warranted given how far below its full potential the economy is operating. Downplaying the potential costs of the Fed's unconventional easing efforts, which currently include $85 billion in monthly asset purchases, Yellen highlighted the dangers of a prolonged period of economic malaise. ...


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