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Explainer: How does the Fed stimulate the economy?
CBS News (MoneyWatch) In her testimony Thursday morning in front of the Senate Banking Committee, Federal Reserve Chair nominee Janet Yellen emphasized that one of the Federal Reserve's primary duties is to pursue its dual mandate for maximum employment … Yellen Says Economy Performing 'Far Short' of Potential US Economy Still Subpar, Yellen Says in Testimony Fed chief nominee Yellen: Economy still needs Fed life support |