Fed Vice Chair Janet Yellen: High unemployment shows there's no reason to deviate from monetary...

|By:, SA News Editor
Fed Vice Chair Janet Yellen: High unemployment shows there's no reason to deviate from monetary policy, even if more shocks come. Energy and food prices are "creating significant hardships" but are about global demand surges, not actions from the Fed or emerging-market central banks. Crude has risen 70% since last summer while the dollar's only dropped 10%.