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Fed, Yellen: Use near full employment

As for interest rates, the head of the US central bank reiterated that the most likely prospect is that of a gradual increase.

Fed, Yellen: Use near full employment

The United States is now close to full employment of its workforce, even though factors pointing to the downside remain in the economic system, such as a too strong dollar and weak global growth. This was stated on Thursday by the chairman of the Federal Reserve, Janet Yellen, speaking in New York for a forum with her three predecessors (Bernanke, Greenspan and Volcker).

Regarding interest rates, Yellen reiterated that the most likely prospect is that of a gradual increase. In any case, the head of the American Central Bank assured that the United States is not in an "economic bubble" and that the progress made in regulating the banking sector is "satisfactory".

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