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Showing posts with label U.S. stock and bond markets. Show all posts
Showing posts with label U.S. stock and bond markets. Show all posts

Thursday, July 03, 2014

Monetary policy not best financial stability tool: Yellen

(Reuters) - Monetary policy faces "significant limitations" as a tool to address financial stability risks, and would have caused major economic damage if it had been used to head off the U.S. housing bubble, Federal Reserve Chair Janet Yellen said on Wednesday.