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Foreign Economic Developments, In Particular, Pose Risks To U.S. Economic Growth
Wednesday, February 10, 2016 7:58
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from the Federal Reserve
The following is testimony by Chair Yellen on the semiannual Monetary Policy Report to the Congress to the Committee on Financial Services, U.S. House of Representatives, Washington, D.C. One interesting statement:
Financial conditions in the United States have recently become less supportive of growth, with declines in broad measures of equity prices, higher borrowing rates for riskier borrowers, and a further appreciation of the dollar.
Source: http://econintersect.com/pages/contributors/contributor.php?post=201602100758
