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Federal Reserve Chair Janet Yellen said raising interest rates gradually is the most appropriate policy stance now at a time of higher uncertainty about inflation.Yellen, in her most detailed speech on inflation risks this year, described three areas of uncertainty in the inflation outlook.Discussing each of these risks, Yellen said it was possible that some slack in the labor market remains.Given all the uncertainties, Yellen said policymakers will have to remain agile and be ready to change their interest-rate assumptions.
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