Yellen Lays Out Her Policy Blueprint

Mohamed El-Erian examines Janet Yellen's IMF speech from last week and sees a policy blueprint that outlines how she will lead and guide the Federal Reserve.
Yellen's IMF speech wrestled with the central questions facing today's central bankers.

Over the weekend, I reread remarks that U.S. Federal Reserve chair Janet Yellen made last week at the International Monetary Fund and also read the transcript of her conversation with Christine Lagarde, the International Monetary Fund's managing director.

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