Economics
Yellen Voices Economic Optimism as Fed Begins Gradual Tightening
- Fed chair says `myth' economic expansions must die of old age
- Stock market rallies as Yellen highlights economy's strength
Fed Liftoff Highlights U.S. Economy's Strength
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Federal Reserve Chair Janet Yellen delivered a two-pronged message that stock market investors cheered: The U.S. economy is performing well and the central bank is in no rush to raise interest rates again.