| Last week, the nominee for next chairperson of the US Federal Reserve, Janet Yellen, delivered a very dovish speech to the Senate Banking Committee. The main gist of her message centered around the message of "no set time for tapering" and "long-term unemployment being the biggest problem for the US recovery."
Although the bond-buying program may seem to artificially hold down interest rates and induce risky behavior, Yellen added that the Fed doesn't see a broad build up in leverage that might pose a risk to financial stability at this point..........................................Full Article: Source
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