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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
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Fed Liftoff Highlights U.S. Economy's Strength

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.

QuickTake The Fed Lifts Off