During her last news conference in December, Janet Yellen stood firm on her record stating, “The global economy is doing well. We’re in a synchronized expansion. This is the first time in many years that we’ve seen this.” While attempting to lock in her record, Yellen urged, “There’s less to lose sleep about now than has been true for quite some time.” Well, a lot of people lost sleep these past few days. And they might lose more sleep in the days to come.
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