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Yellen: Global Problems May Slow US Economy

The head of the U.S. central bank says the American economy faces some global threats that could hurt growth. Many analysts interpret her remarks as a signal that the Federal Reserve is likely to delay further interest rate increases. In testimony prepared for a congressional hearing Wednesday, Federal Reserve Chair Janet Yellen says uncertainty about China's currency policies and its economic prospects have contributed to "increased volatility in global markets." Hard...

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