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A more hawkish Fed in 2014 despite Janet Yellen?

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Janet Yellen, President Obama's nominee for Federal Reserve chairman, is generally viewed as a “dove” — someone who, all else equal, prefers looser money and tolerates slightly higher inflation. But even if Yellen is confirmed and in charge of the Fed by January, signs point to the central bank becoming overall more “hawkish” in 2014, no matter what the first female chairman’s underlying...

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