Janet Yellen, vice chair of the Board of Governors of the U.S. Federal Reserve System, speaks at the University of California Berkeley Haas School of Business in Berkeley, California in 2012. (REUTERS/Robert Galbraith)
Martin Baily: Major Fed Pullback on Monetary Stimulus Would Be a Mistake
December 6, 2013,
In a new piece on usnews.com, Senior Fellow Martin Baily, a former chairman of the president's Council of Economic Advisors, looks at the Federal Reserve's monetary policies designed to help stimulate the U.S. economy.