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Three Federal Reserve Presidents: Tepid RecoveryGreg Robb reports for MarketWatch: They were 1,800 miles apart as they delivered their speeches, but the remarks of Federal Reserve Bank of San Francisco chief Janet Yellen and her Atlanta Fed counterpart Dennis Lockhart bore some similarities -- namely, as near as they could tell, the nation's ec ... |
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Federal Reserve: Weak Recovery Means High Unemployment For Several YearsWASHINGTON — Unemployment likely will remain high for the next several years because the economic recovery won't be strong enough to spur robust hiring, Federal Reserve officials warned Tuesday.
The cautionary note struck by the presidents of regional Fed banks in San Francisco and Atlanta were ... |
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