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Fed Chair Yellen says low inflation this year is an unexplainable 'surprise'
Federal Reserve Chair Janet Yellen said Friday that the lack of inflation has been an unexplainable "surprise," while the Fed's removal of stimulus is "working well." "We've had a series of weak, soft readings on inflation, core inflation, beginning in March and the reasons for that are not immediately clear," Yellen said. Reasons for low inflation were "pretty understandable until this year. This year has been a surprise." Yellen was speaking on "Monetary Policy Since the Financial Crisis" at a National Economists Club dinner in Washington, D.C. She did not address specific changes to future monetary policy or ... (full story)
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- Oct 21, 2017 4:42am Oct 21, 2017 4:42am
- bankersuck
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- NotAtrader
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Start with 1000$. Increase by 3% every day. After one year 2 213 314$
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- Not-KPMG
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Beware of robber banks (RB), bad advisors.
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- bankersuck
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- NotAtrader
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Start with 1000$. Increase by 3% every day. After one year 2 213 314$
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- ettrader
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- NewtonsCash
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- Not-KPMG
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Beware of robber banks (RB), bad advisors.
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- Nicholishen
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Carbon-Dioxide: the gas of life!
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Carbon-Dioxide: the gas of life!
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- raklian
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- Not-KPMG
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Beware of robber banks (RB), bad advisors.
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- Nicholishen
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In trading, you have to be defensive and aggressive at the same time
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Carbon-Dioxide: the gas of life!
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Carbon-Dioxide: the gas of life!