WASHINGTON — The ultra-easy monetary conditions created by the Federal Reserve to spur a faster economic recovery will remain so for a significant period of time, even when the central bank decides to end its aggressive bond buying, Federal Reserve Vice Chair Janet Yellen said Monday.

Taking questions from the audience following a speech at a National Association for Business Economics conference, Yellen also made clear that the Federal Open Market Committee will hold rates down so long as unemployment remains above its 6.5% threshold and there are no inflation worries.

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