Federal Reserve chair nominee Janet Yellen told the Senate that she saw no indicators of equity and real estate bubbles and said that the QE will continue for the time being, according to Forbes.

The magazine quotes Yellen as telling the Senate Banking committee that “It could be costly to fail to provide accommodation [to the market],” Yellen told Senators on Thursday.

However, she did admit that "This program can’t continue indefinitely.”  

Edited by: Tommy Fernandez


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