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June 28, 2017

Yellen: reforms have made finance safer

By PAN PYLAS and MARTIN CRUTSINGER
Associated Press

LONDON — Federal Reserve Chair Janet Yellen relayed her hope that another repeat of the financial crisis will not occur “in our lifetimes.”

Addressing an audience at the British Academy in London on Tuesday, Yellen said the banking reforms put in place in recent years have made the financial system safer, and that the world should be able to avoid the type of devastating crisis that struck the global economy in 2008.


 
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