MAPI's Waldman: Yellen must weigh her moves carefully

01/8/2014 | Fox Business

Janet Yellen, now confirmed to chair the Federal Reserve, will have to navigate policy carefully while monitoring the economy. Cliff Waldman, a senior economist for MAPI, notes the current situation is unprecedented. "The Fed did during this crisis what it didn't do during the Great Depression, and that's a good thing," Waldman says, but adds that the Fed still needs to watch out for "land mines."

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