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US Fed plays down liftoff timing for hike in interest rates

Yellen and her colleagues are telling investors the pace of increases is more important than the liftoff date


JANET Yellen wants you to know that while the era of zero rates may be drawing to a close, money will stay cheap for a long time to come.

The Federal Reserve chair and her colleagues have stressed in recent speeches that monetary policy will remain unusually easy after they...

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