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US Fed rate cut is 'very positive sign' for economy: Yellen
US Fed rate cut is 'very positive sign' for economy: Yellen
by  AFP

The US central bank's decision to slash interest rates this week is a "very positive sign" for where the world's biggest economy stands, US Treasury Secretary Janet Yellen said Thursday. Her comments came after Republican presidential nominee Donald Trump charged Wednesday that the Fed's decision was either a response to a "very bad" economy, or it had been "playing politics."

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