Wednesday, February 12, 2014

Yellen is viewed as pro job growth

Janet Yellen, became the first woman to lead the Fed at age 67. She succeeded Ben Bernanke on Feb 1, who stepped down after helping lead the nation's recovery from the 2008 financial crisis. 

She is generally viewed as more concerned about promoting job growth and less worried about risks such as high inflation than Bernanke. Yellen was previously the Fed's vice chair.