Yellen to tell senators she supports Fed stimulus strategy

11/14/2013 | New York Times (tiered subscription model), The

Janet Yellen, President Barack Obama's pick to chair the Federal Reserve, will tell senators at her confirmation hearing Thursday that she supports the Fed's stimulus campaign and sees it as the best way to bolster the economy. "I believe that supporting the recovery today is the surest path to returning to a more normal approach to monetary policy," she will say in her testimony this afternoon.

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