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Weather seems to blame for US slowdown, Fed's Yellen says
Reuters (Reuters) – Unusually harsh winter weather appears to be behind recent signs of weakness in the U.S. economy, Federal Reserve Chair Janet Yellen said on Thursday, suggesting the central bank was poised to press forward in ratcheting back its stimulus. Yellen Sticks to Plan Amid Weather Doubts Janet Yellen Talks Disappointing Data, Weather on Capitol Hill Janet Yellen wants 'firmer handle' on the weather effect on data |