On the recordDecember 2, 2015
If the Fed had been forced to follow such a rule in recent years, millions of Americans would have suffered unnecessary spells of joblessness over this period.
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congress.govIf the Fed had been forced to follow such a rule in recent years, millions of Americans would have suffered unnecessary spells of joblessness over this period.
Yellen warned that restrictive policies could harm job growth.
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I indicated in my last letter to Congress that we expect to be unable to pay all of our bills in early June, and possibly as soon as June 1st.