Comment on Yellen had 'super risky' proposal for Fed's 2011 low-rate vow: transcripts

Yellen had 'super risky' proposal for Fed's 2011 low-rate vow: transcripts

SAN FRANCISCO/WASHINGTON (Reuters) - Faced with sharply deteriorating economic conditions in 2011 after ending their second bond-buying program, Federal Reserve policymakers made an unprecedented bid to shore up the recovery by promising to keep rates low until at least mid-2013.

 

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