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Incoming Federal Reserve Chairwoman Janet Yellen denies quantitative easing has caused inequality

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Janet Yellen isn't worried that the Federal Reserve's efforts to boost the economy by raising asset prices through bond purchases is exacerbating inequality in the United States. In an interview with Time magazine published Thursday, the incoming chairwoman of the U.S. central bank said "it's not true" that the Fed's purchases of trillions of dollars' worth of Treasury bonds and mortgage-backed...

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