World

Yellen Needs to Keep It Simple

Nov. 14 (Bloomberg) -- Janet Yellen has been closely involved in designing Federal Reserve policy, so don’t expect any radical departures when she takes over as chairman from Ben Bernanke next year. That’s fine: No radical departure is necessary. Bernanke’s Fed has done a good job under difficult circumstances -- made even more difficult by the mess that Congress has made of fiscal policy.

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