Yellen: ‘Brexit’ vote impact on markets figured in Fed’s decision

Federal Reserve Chair Janet Yellen arrives for a news conference following the Federal Ope
AFP

Washington (AFP) – Federal Reserve Chair Janet Yellen said that the looming British vote on quitting the European Union was an important factor in the Fed keeping its key interest rate unchanged Wednesday.

“Clearly, this is a very important decision for the United Kingdom and for Europe. It is a decision that could have consequences for economic and financial conditions in global financial markets,” she said.

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