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Yellen: Persistent economic weakness could slow rate hikes


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Funny, no mention of the exchange here : http://www.zerohedge.com/news/2016-02-10/here-exchange-left-stunned-janet-yellen-looking-deer-headlights

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"She did concede, though, that negative rates, which central banks in Japan and Europe have recently imposed, are a tool the Fed has at least studied." Which in Yellen-speak means they'll follow suit eventually. Yes, her response was indeed "deer in the headlights" when pressed about her non-compliance with the subpoenas.

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A minuscule 25bps has caused the global markets to go down the most in history since January 1st. That's because the bubble is so big, it only takes a tiny pin.

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