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Don't expect magic from Janet Yellen at the Federal Reserve

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What will Janet Yellen, the nominated chairman of the Federal Reserve, do to fix the economy? Not much, it appears, if Congress remains dysfunctional and she is wedded to accommodative monetary policy and a continuation of Fed Chairman Ben Bernanke's regime. President Obama said that Yellen “understands the human costs when Americans can’t find a job ... America’s workers and their families...

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