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Growth Of Women In Economy Has Clear Benefits: Fed's Yellen

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March 25, 2014 AT 11:27 AM
Janet Yellen, the first woman to lead the U.S. Federal Reserve, said on Tuesday the benefits of the growing participation of women in the economy are "clear and substantial" as the country continues to recover from recession. Yellen, who took the reins at the U.S. central bank last month, did not comment on monetary policy or the economic outlook in prepared remarks to a Women's History Month reception at the U.S. "The benefits of greater participation for women, it seems to me, are clear and substantial," she said "As we continue to make progress in recovering from the Great Recession, our country is going to need the best efforts, ideas and talent it can muster to succeed in an increasingly competitive global economy."