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Yellen says US economy in good health; sparks talk of rate hike

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Ms Yellen said that the prospect of tax cuts or other changes in domestic fiscal policy has not influenced the Fed's monetary policy plans at this point.

Washington

JANET Yellen, chairman of the Federal Reserve, said on Sunday that the US economy was in good health in an upbeat assessment that reinforced expectations the Fed is planning to raise its benchmark interest rate later this year.

Job growth is strong, companies are...

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