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Yellen: Small Businesses and the Recovery

From federalreserve.gov

Thank you, Administrator Contreras-Sweet, I am pleased to be at the U.S. Chamber, to have this opportunity to be part of Small Business Week, and to meet the outstanding entrepreneurs here this evening. I am also grateful to be able to share a few thoughts on the important role I believe small businesses have played and will continue to play in America's recovery from the financial crisis and the Great Recession. After the onset of the crisis, the Federal Reserve took extraordinary steps to stabilize the financial system and halt the plunge in economic activity. Since then, the Fed has continued to use its monetary ... (full story)

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