JACKSON HOLE Wyo. (Reuters) – The Federal Reserve should move cautiously in deciding when to raise interest rates given the U.S. labor market remains bruised from the Great Recession, Fed Chair Janet Yellen said on Friday amid calls from policy hawks for a near-term rate hike.
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Fed"s Yellen calls for caution on rates; Draghi says ECB ready to act
Friday, August 22, 2014
Fed"s Yellen calls for caution on rates; Draghi says ECB ready to act
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