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PBS News Hour

Yellen says Fed will keep short-term interest rates low

In her first news conference, Janet Yellen announced that the Federal Reserve will continue its suppression of short-term interest rates. Yellen, who was the Fed’s vice-chair under Ben Bernanke, also discussed how her role has changed. Gwen Ifill gets an assessment of Yellen’s remarks from David Wessel of the Brookings Institution.
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