Bill McBride — Yellen: "expect a great deal of continuity in the FOMC's approach to monetary policy"

As expected. Stay the course.

Turning to monetary policy, let me emphasize that I expect a great deal of continuity in the FOMC's approach to monetary policy. I served on the Committee as we formulated our current policy strategy and I strongly support that strategy, which is designed to fulfill the Federal Reserve's statutory mandate of maximum employment and price stability.

Calculated Risk
Yellen: "expect a great deal of continuity in the FOMC's approach to monetary policy"
Bill McBride