Post-recession financial rules have made economy stronger, not slower: Yellen

Jackson Hole

REFORMS put in place after the 2007 to 2009 crisis have strengthened the financial system without impeding economic growth, and any future changes should remain modest, Federal Reserve chair Janet Yellen said on Friday in her fullest defence yet of the rules put in place after the Great Recession.

"The balance of research suggests that the core reforms we have put in place have substantially boosted resilience without unduly limiting credit availability or economic growth," the Fed chair said at an annual central bank research conference.