YELLEN SAYS UNITED STATES HAS MADE CONSIDERABLE PROGRESS IN MAKING BANKS MORE RESILIENT, BUT STILL NEEDS TO TIGHTEN USE OF SHORT-TERM FUNDING

Wed Jul 2, 2014 11:00am EDT

YELLEN SAYS UNITED STATES HAS MADE CONSIDERABLE PROGRESS IN MAKING BANKS MORE RESILIENT, BUT STILL NEEDS TO TIGHTEN USE OF SHORT-TERM FUNDING

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After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.