Yellen Showed no Signs of Tapering Deferment, Weak Data Due to Weather

US data was mixed but Wall Street continued to climb higher. Fed Chairman Janet Yellen in the testimony suggested that recent weakness in the economic dataflow could be driven by weather impacts, though she stressed the central bank would pay attention to upcoming indicators so as to ensure that there's no fundamental slowing.

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Yellen Showed no Signs of Tapering Deferment, Weak Data Due to Weather