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Profile - U.S. Federal Reserve Chair Janet Yellen

Feb 05, 2014    

Yellen is often seen as a monetary policy dove because of her long-held view that the Fed should tolerate slightly higher inflation if that is the cost of fighting high unemployment. But during 12 years of monetary policymaking, she has never dissented on any Fed decision, including interest rate hikes.In her prior post as Fed vice chair, Yellen was an outspoken proponent of the Fed's aggressive stimulus efforts during and after the 2007-09 crisis, and played a lead role in refining the central bank's communications strategy. She spearheaded the Fed's adoption of a 2-percent inflation target. ...

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