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Yellen cites global risks to US recovery but says economy will pull through

Ms Yellen singled out uncertainty over recent changes in China's currency policy and the prospects for its economy as a particular culprit behind the financial market volatility.


TIGHTENING financial conditions driven by falling stock prices, uncertainty over China and a global reassessment of credit risk could throw the US economy off track from an otherwise solid course, Federal Reserve chair Janet Yellen said on Wednesday in prepared testimony to...