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Obama wants S.F.’s Yellen for vice chairman of Fed

Presidency News - Sunday, 14 March 2010No Comment

Obama wants S.F.’s Yellen for vice chairman of Fed
WASHINGTON — President Barack Obama’s likely choice of Janet Yellen to become vice chairman of the Federal Reserve would favor a policy that stresses low interest rates to ease unemployment over higher rates to curb inflation.

Read more on The Monterey County Herald

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