Banking and Capital Markets

Janet Yellen: We didn't see the financial crisis coming

The United States Federal Reserve Board building is shown in Washington October 28, 2014. The U.S. Federal Reserve this week will likely reinforce its stated willingness to wait a long while before hiking interest rates after a volatile month in financial markets that saw some measure of inflation expectations drop worryingly low.

The Federal Reserve did not see the financial crisis coming, Fed Chair Janet Yellen said at Harvard University, where she was awarded the Radcliffe Medal. Image: REUTERS/Gary Cameron

Akin Oyedele
Markets Intern, Business Insider
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Janet Yellen at Harvard University
Image: Reuters
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Banking and Capital MarketsFinancial and Monetary Systems
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