Federal Reserve Chair Janet Yellen was two and a half hours into testimony before the House Financial Services Committee on July 12 when she veered slightly from the usual talk of inflation and interest rates.

Education and training are absolutely central to the ability of workers to fill the new kinds of jobs that will be available

Improving training and education in the United States is a “key focus for me,” she told Rep. John Delaney, a Democrat from Maryland who would go on two weeks later to become the first of his party to enter the 2020 presidential race.

Whitehurst said the issue of education isn’t within the Federal Reserve’s traditional purview — it’s a long-term growth strategy that impacts relatively little of the U.S. population, compared to the Fed’s usual blunter, short-term economy-adjusting tools.

Given how complex education is, and the level of disagreement on how much education influences the economy, it’s perhaps better she stays out, he said.

Read the full article by Carolyn Phenicie at The 74