Yellen's bequest: A healthy economy but questions over future policy for Fed
Posted: Mon Nov 06, 2017 5:56 am
Reuters - 11/5/2017 - Howard Schneider - U.S. Federal Reserve Governor Jerome Powell will inherit healthy economic growth and a consensus on monetary policy at least for the next few months, if he is confirmed by the Senate as the next Fed chair when Janet Yellen's term expires in February. But he will also inherit Yellen's unfinished business: unresolved questions in economics about why inflation is so low, the role of financial market conditions in setting monetary policy and the way to fight recessions if interest rates stay low. Read more @ http://mobile.reuters.com/article/amp/idUSKBN1D512Z