Yellen at small business week

I’ll keep updating this thread as news comes across my wire. So check back.

  • Businesses with fewer than 250 employees have created slightly more than half the jobs since employment began growing again in 2010
  • Their contribution highlights the fact that job growth has been almost exclusively from the private sector as the public sector has shed jobs even during the recovery
  • Even though the economy has made progress since the recession there is still a ways to go until its back to full health
  • She basically is explaining the purpose of the Fed’s bond-buying program
  • The Fed intends to end bond buying this fall

That’s a whole lot of nothing. Adam’s “boring Yellen” thesis holds true.

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