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US Senate Confirms Janet Yellen as New Central Bank Chief

The U.S. Senate has confirmed Janet Yellen as the new chair of the country's central bank, making her one of the most powerful figures in world economic circles.Yellen will be the first woman to head the 100-year-old Federal Reserve, replacing Ben Bernanke, whose eight-year tenure expires at the end of January.The head of the Federal Reserve often has influenced world economic decisions. Economists predict that the 67-year-old Yellen, the Fed's current vice chair, will continue many...

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