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Yellen Wants to "Turn Up The Inflation Pressure" On Economy

``The Federal Reserve may need to run a "high-pressure economy" to reverse damage from the crisis that depressed output, sidelined workers and risks becoming a permanent scar, Fed Chair Janet Yellen said on Friday in a broad review of where the recovery may still fall short... "This is a clear rebuttal of the hawkish arguments," to raise rates soon, a line of argument centered among some of the Fed's regional bank presidents, said Christopher Low, chief economist at Ftn Financial.
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