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At Jackson Hole, will Janet Yellen contradict… Janet Yellen?

Just more than three years ago, Janet Yellen gave the Michel Camdessus lecture at the IMF, titled Monetary Policy and Financial Stability.

The thrust of the speech was that “monetary policy faces significant limitations as a tool to promote financial stability”. As Yellen summarised the point then:

Continue reading: At Jackson Hole, will Janet Yellen contradict… Janet Yellen?

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