Yellen Leaving Fed With Full Employment, Increased Focus on Labor Market

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Janet Yellen ends 14 years at the Federal Reserve this week, the last four as its first chairwoman, having guided the U.S. economy to its tightest labor market in nearly two decades by resisting calls to raise interest rates more rapidly.

The patient path she charted allowed the Fed to start reversing, without major turmoil, the aggressive…

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