Janet Yellen: FRB: Press Release--Statement by Federal Reserve Board Vice Chair Yellen on her nomination by President Obama--October 9, 2013:
"...I pledge to do my utmost to keep that trust and meet the great responsibilities that Congress has entrusted to the Federal Reserve--to promote maximum employment, stable prices, and a strong and stable financial system."Grasping Reality with Every Possible Tentacle
So Now the Federal Reserve Has a Triple Mandate: Good to Know
J. Bradford DeLong | Professor of Economics, UCAL Berkeley
Well, at least she is clear on who she is working for.
