Yellen's Bell-Bottoms Era Plan Has Critics Singing the Blues

  • Strategy of `high-pressure economy' may risk future inflation
  • Some worry Fed policy makers again trying to do too much

Summers: No Reason to Raise Rates Now

Janet Yellen is pursuing a monetary policy with echoes from an era of bell-bottom jeans and New York Knicks’ basketball championships. And that’s got some economists worried.

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