Central Banks
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An effective formula of combining monetary and fiscal policies means Japan is in a better position to benefit from quantitative easing compared to the U.S., says Nobel Laureate Joseph Stiglitz.
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WASHINGTON, Nov 13- Federal Reserve Vice Chair Janet Yellen said on Tuesday that U.S. interest rates may need to stay near zero until early 2016 to forcefully lift employment, and she strongly backed adopting inflation and unemployment thresholds to guide policy.
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Federal Reserve Vice Chair Janet Yellen said on Tuesday that interest rates may need to stay near zero until early 2016 to forcefully lift employment, and strongly backed adopting inflation and unemployment thresholds to guide policy.
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Federal Reserve Vice Chair Janet Yellen said on Tuesday that interest rates may need to stay near zero until early 2016 to forcefully lift employment, and strongly backed adopting inflation and unemployment thresholds to guide policy.