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NEW YORK – Fed Chair Janet Yellen said Tuesday the Fed still envisions a gentle pace of interest rate increases considering global pressures that could weigh on the U.S. economy. Yellen did not specify a timetable for further hikes to follow along with the Fed’s rate rise in December from record lows. She said the risks towards the Usa remain ...
Read More »Yellen stresses Fed foresees gradual pace of rate hikes and will ‘proceed cautiously’
