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Yellen steams ahead on Fed rate rise but concerns mount on dollar shock
A defiant Janet Yellen has vowed to complete her full term as chairman of the US Federal Reserve and defend the institution's independence, swatting aside vitriolic attacks on her policies by Donald Trump during the campaign. “I was confirmed by the Senate for a four-year term, which ends in January 2018, and it's fully my intention to serve out that term,” she told Congress. Mr Trump lambasted the Fed before his election for supposedly debauching the money supply, and accused Mrs Yellen personally of holding down interest rates to help the Democrats. His attacks broke a long-standing taboo over Fed sanctity and ... (full story)
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Fireworks are fun ... as long as you don't blow your fingers off.
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