Ajrealmoney. Janet yell edge. Thats her over there. But first she needs to get approval from the senate. On thursday she started that process with a bit of grilling from senators over the feds multi billion dollars bondbuying program that works to keep Interest Rates low. Fed chairs have a long history of monetary speak. An obtuse language that most americans find hard to understand. I was ready interpret a lot of her speech for you. But she is clearer than most fed officials. Listen. I believe it could be costly to withdraw a commen commendation r fail to provide adequate accommodation. On the other hand, it will be important for us also as the recovery proceeds to make sure that we do withdraw accommodation when the time has come. Its not exactly dinner conversation, in plain english what yellen said is, yes, eventually well stop donating 85 billion a month to the u. S. Economy and when we do it, it could hurt, so you all better start getting comfortable with the idea. When it came t
U. S. Economy is not ready to fly without the feds help. Says the next boss, janet yell own. But our expert says the feds may drop out sooner than later. Plus why the president s about face on obama care could come back to haunt consumers in the long run, americans kicking the habit when it comes to credit cards, i am ali velshi and this is real money. This is real money, you are the most important part of the show. Join our conversation not next half hour on twitter using ajrealmoney. Janet yell edge. Thats her over there. But first she needs to get approval from the senate. On thursday she started that process with a bit of grilling from senators over the feds multi billion dollars bondbuying program that works to keep Interest Rates low. Fed chairs have a long history of monetary speak. An obtuse language that most americans find hard to understand. I was ready interpret a lot of her speech for you. But she is clearer than most fed officials. Listen. I believe it could be costly to
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