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Yellen’s dilemma: a downturn with no easy response
February 12, 2016 by creative · Leave a Comment
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) – The Federal Reserve's carefully scripted decision to raise interest rates last December, and begin a return to “normal” policy, may now become a nightmare for the U.S. central bank if an economic downturn forces a return to unconventional methods. Fed chair …
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Yellen’s dilemma: a downturn with no easy response