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Fed's Yellen says no risks to stability 'flashing red' as markets boom

Published December 13, 2017 Updated December 13, 2017 08:47pm

She said the high stock prices are not a risk factor that the central bank is currently focused on.

Speaking at a press conference after the Fed raised the benchmark interest rate for the third time this year, Yellen said looking at "other indicators of financial stability risks, there is nothing flashing red there or possibly even orange."

 

Copyright AFP (Agence France-Press), 2017