Monday, October 21, 2013

Yellen will preserve policy continuity as next Fed chair: Evans


WASHINGTON (Reuters) - Janet Yellen will ensure monetary policy "continuity" once she replaces Ben Bernanke as chair of the Federal Reserve next year, a senior U.S. central banker said on Monday.


"I think Janet will be a great chairman. She has an awful lot of experience with monetary policy - up close and personal," Chicago Federal reserve President Charles Evans told CNBC television in an interview.


"I think we'll see a lot of continuity. And we'll be looking at the economic situation and inflationary pressures as they present themselves, and (will) respond accordingly," he said.


(Reporting by Alister Bull; Editing by Chizu Nomiyama)

Source: http://news.yahoo.com/yellen-preserve-policy-continuity-next-fed-chair-evans-123720675--business.html
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