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November 10, 2014

Yellen pledges clear signals for rate policies

By GREG KELLER
Associated Press

PARIS — Federal Reserve Chair Janet Yellen said Friday that the Fed is striving to clearly communicate its intentions on interest rates in order to minimize surprises that could disrupt financial markets both in the United States and globally.

She said central bank policymakers understand that moving from a period of very low interest rates to more normal rates will lead to more volatility in financial markets.


 
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