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Yellen Appointment to Head US Central Bank Wins Overseas Praise

The appointment of Janet Yellen to head the powerful U.S. central bank is winning praise on the international front. U.S. President Barack Obama is set Wednesday to name the 67-year-old Yellen as head of the Federal Reserve after her three-year stint as vice chair. She would become the first woman to lead the central bank, which often sets the path for international monetary policies and helps shape economies throughout the world. She has been a staunch supporter of policies adopted by ...

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