Fed Yellen on The Uncertain Economic Outlook and the Policy Responses
March 25, 2009 at 16:49 PM EDT
Speaking to the Forecasters Club in New York, the San Francisco Federal Reserve Bank President Janet L. Yellen said Wednesday that the Federal Reserve must continue to boldly use all available tools to fight a deepening recession, and warned that in terms of unemployment, the “worst of the contraction is not expected to occur [...]