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Yellen: Fed monitoring recent weaker economic data

February 28, 2014
By MARTIN CRUTSINGER , THE ASSOCIATED PRESS

WASHINGTON - Federal Reserve Chair Janet Yellen noted Thursday that recent economic data have pointed to weaker-than-expected gains in consumer spending and job growth. She said the Fed will be watching to see whether the slowdown proves only a temporary blip caused by severe winter weather.

 
 
 

 

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