Morning Scan: Yellen Down on Housing; Regulators See Risks from Non-...
05/08/14
Receiving Wide Coverage ... Yellen Sees Risks in Housing: Federal Reserve Board Chair Janet Yellen told Congress' Joint Economic Committee on Wednesday that housing is not keeping pace with the economic recovery. The Journal notes Yellen was "expressing an uncertainty about housing she hadn't stated before." The Financial Times connects the dots further, reporting that Yellen's testimony marks her first public comments since last week's meeting of the Federal Open Market Committee, when the Fed slowedÂ...
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