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The Boston Globe


Yellen’s nomination signals continuity

President Obama’s nomination of Janet Yellen signals a continuation of the Federal Reserve’s policies, economists said, including its historic efforts to keep interest rates low as a way to boost the economy.

Yellen, vice chairwoman of the Federal Reserve since 2010, is a key architect of the extraordinary steps taken by the Fed to spur the economy during a lackluster recovery marked by persistently high national unemployment.

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