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Yellen: Precipitating factors for markets seem to be Chinese yuan and oil decline

Discussion in 'Fundamental Analysis' started by ForexLive, Feb 11, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Yellen getting grilled She's getting taken to task for saying oil declines would be good for the economy - Clearly declining oil prices have some negative consequences Yellen has been asked about negative rates again today and said the Fed hasn't done an extensive analysis of the legality. She also said the outlook hasn't shifted enough to warranta rate cut.

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