Economic 'Liftoff' Is Still Elusive

The economic outlook is getting better, but we're not out of the woods yet.
Fed Chair Janet Yellen, boldly going where central bankers haven't gone before. Photographer: Andrew Harrer/Bloomberg

Three of the world's most respected central bankers -- U.S. Federal Reserve Chair Janet Yellen, European Central Bank President Mario Draghi, and departing Fed Governor Jeremy Stein -- offered this week a remarkably consistent view of the future: a better economic outlook and a clearer policy picture, but with some important elements still in doubt.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.