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March 19, 2014 AT 8:49 AM
Federal Reserve chief Janet Yellen is poised to place her stamp on US monetary policy, challenged to balance a recently sluggish economy against the drawdown of the Fed's stimulus. Yellen, who took the reins of the US central bank on February 1 from Ben Bernanke, will face the media to explain the Fed's policy course at the close of her first meeting of the Federal Open Market Committee (FOMC) as Fed chair.