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Fed’s Daly Sets High Bar for Slowing Policy Pace

Bloomberg Businessweek

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Is the Fed Watching the Markets for Signals?

Mike Downey: Fed chief Janet Yellen said she's not watching markets for signals. She wants to see the economy moderating and inflation slowing, he says. He asks how ISM services numbers today play into that thought. Jones: It kind of goes against the idea that she was talking about yesterday.

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