Janet Yellen Sounds a More Cautious Note on U.S. Economy

February 10, 2016 6:36 PM

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Janet Yellen Sounds a More Cautious Note on U.S. Economy

WASHINGTON — The Republicans said the Federal Reserve was secretive, ineffective and out of touch with the economic realities of ordinary Americans.

And those were just the opening statements on Wednesday, as the Fed’s chairwoman, Janet L. Yellen, began two days of biannual testimony on Capitol Hill.

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