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UK unemployment keeps falling amid recovery

Britain’s unemployment rate has fallen below 7 percent for the first time in five years, with earnings growth narrowly outstripping inflation for the first time since 2010.

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Yellen makes careful forecast on economy

(Brendan Mcdermid / Reuters)

Fed chairman stresses that flexibility is crucial to adjust to possibly changing conditions.

Yellen: The recovery could be nearly complete within two years

But she cautioned that Federal Reserve’s help will still be needed for economy to cross the finish line.

 

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