Yellen’s Focus on Unemployment Adopted by Fed After Crisis

Federal Reserve Vice Chairman Janet Yellen has fought for more than a decade to put attacking unemployment and boosting growth on an equal footing with fighting inflation at the heart of the Fed’s policy.

After years on the periphery, she now finds herself at the center of the prevailing view at the Fed and at central banks around the world, just as the spotlight swings to her as a potential successor to Chairman Ben S. Bernanke.