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Fed's Yellen: Clarity key when rates near zero (Reuters)

Started by riky, December 19, 2008, 09:02:41 PM

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riky

Fed's Yellen: Clarity key when rates near zero
    (Reuters)

 


Reuters - "Clear and strong commitments" about the future stance of policy are important when official interest rates approach zero and deflation is a fear, Janet Yellen, President of the San Francisco Federal Reserve Bank, said in a report issued on Friday.


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