{"id":45120,"date":"2014-07-15T22:47:29","date_gmt":"2014-07-15T22:47:29","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/janet_yellen_tells_congress_that_federal_reserve_will_continue_to_help_econ\/"},"modified":"2014-07-15T22:47:29","modified_gmt":"2014-07-15T22:47:29","slug":"janet_yellen_tells_congress_that_federal_reserve_will_continue_to_help_econ","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=45120","title":{"rendered":"Janet Yellen Tells Congress That Federal Reserve  Will Continue to Help Economy"},"content":{"rendered":"<p>Ms. Yellen, in downplaying concerns about financial stability, said the economic recovery remained incomplete and the Fed\u2019s help was necessary.<\/p>\n<p>\u201cToo many Americans remain unemployed, inflation remains below our longer-run objective and not all of the necessary financial reform initiatives have been completed,\u201d\u009d Ms. Yellen told the Senate Banking Committee.<\/p>\n<p>Ms. Yellen\u2019s testimony is likely to reinforce a sense of complacency among investors who regard the Fed as convinced of its forecast and committed to its policy course. She reiterated the Fed\u2019s view that the economy will continue to grow at a moderate pace, and that the Fed is in no hurry to start increasing short-term interest rates.<\/p>\n<p><a href=\"http:\/\/www.nytimes.com\/2014\/07\/16\/business\/yellen-tells-congress-that-fed-will-continue-to-help-economy.html\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ms. Yellen, in downplaying concerns about financial stability, said the economic recovery remained incomplete and the Fed\u2019s help was necessary. \u201cToo many Americans remain unemployed, inflation remains below our longer-run objective and not all of the necessary financial reform initiatives<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=45120\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,50,209,582,589,149,671,600,597,593,585,596,584],"tags":[],"class_list":["post-45120","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-international-news-commentary","category-americau-s-a","category-consumerconsumer-spending","category-corporationscorporate-life","category-economy","category-federal-reserve","category-housingreal-estate-market","category-laborlabor-unionslabor-market","category-personal-finance","category-the-banking-systemsector","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007","category-the-u-s-government"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/45120","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=45120"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/45120\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}