29 Sep 2016
Yellen: If Fed reached limits in buying treasuries, could be useful to buy other assets
During a Q&A session at the Minority Banking Conference, Fed's Chairwoman Janet Yellen said that new tools for the central bank are not a pressing issue now. She didn't comment on monetary policy or current economic outlook.
Key headlines (via Reuters):
- Says would be costs and benefits to buying equities and corporate bonds
More quotes (via Bloomberg):
- Federal Reserve is committed to diversity amongst its senior leadership
- Diversity is important on the Federal Reserve Regional Board of Director