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Brown University President Christina Paxson applauds at left Federal Reserve Chair Janet Yellen following Yellen's speech during a conference at Brown in Providence, R.I., Friday, May 5, 2017.(AP Photo/Michael Dwyer)

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Federal Reserve Chair Janet Yellen smiles before speaking at a conference at Brown University in Providence, R.I., Friday, May 5, 2017.(AP Photo/Michael Dwyer)

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Janet Yellen, 70, Chair of the Board of Governors of the Federal Reserve System, previously serving as Vice Chair from 2010 to 2014. Previously, she was President and Chief Executive Officer of the Federal Reserve Bank of San Francisco; Chair of the White House Council of Economic Advisers under President Bill Clinton; and business professor at the University of California, Berkeley, Haas School of Business. Yellen was nominated by President Obama to succeed Ben Bernanke as Chair of the United States Federal Reserve.She is the first woman to hold the position. (AP Photo)

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Federal Reserve Board Chair Janet Yellen speaks during a meeting of the Commonwealth Club, Wednesday, Jan. 18, 2017, in San Francisco. Yellen talked about the Fed's goals and the best way to pursue them during her appearance. (AP Photo/Eric Risberg)

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Federal Reserve Board Chair Janet Yellen answers questions during a meeting of the Commonwealth Club Wednesday, Jan. 18, 2017, in San Francisco. Yellen talked about the Fed's goals and the best way to pursue them during her appearance. (AP Photo/Eric Risberg)

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Obama minion Janet Yellen illustration by Greg Groesch/The Washington Times

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Obama Minion Janet Yellen Illustration by Greg Groesch/The Washington Times

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Federal Reserve Chair Janet Yellen speaks during a news conference at the end of the Federal Open Market Committee meeting in Washington, Wednesday, March 18, 2015. Yellen said the broad pay increases usually associated with job growth may not occur anytime soon. (AP Photo/Kevin Wolf)

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Federal Reserve Chairman Janet Yellen, left, reacts as a technician works to resolve a computer problem during her speech at a conference on economic opportunity at the Federal Reserve Bank in Boston, Friday, Oct. 17, 2014. (AP Photo/Michael Dwyer)

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Federal Reserve Chair Janet Yellen arrives for an open session of the Financial Stability Oversight Council meeting at the Treasury Department in Washington, Monday, Oct. 6, 2014. (AP Photo/Susan Walsh)

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Federal Reserve Chair Janet Yellen, left, and European Central Bank President Mario Draghi speak during the Jackson Hole Economic Policy Symposium at the Jackson Lake Lodge in Grand Teton National Park near Jackson, Wyo. Friday, Aug. 22, 2014. (AP Photo/John Locher)

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FILE - In this June 18, 2014 file photo, Federal Reserve Chair Janet Yellen speaks during a news conference at the Federal Reserve in Washington. Yellen has won credit for guiding the Federal Reserve's first six months of transition from the Ben Bernanke era. (AP Photo/Susan Walsh, File)

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Low short-term interest rates will be needed for a "considerable time," Federal Reserve Chair Janet Yellen told the Joint Economic Committee of Congress on May 7. (AP Photo/Charles Dharapak)

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Federal Reserve Chair Janet Yellen removes her glasses as she testifies on Capitol Hill in Washington, Wednesday, July 16, 2014, before the House Financial Services Committee hearing entitled: "Monetary Policy and the State of the Economy. (AP Photo/Pablo Martinez Monsivais)

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Federal Reserve Chair Janet Yellen gestures as she testifies on Capitol Hill in Washington, Wednesday, July 16, 2014, before the House Financial Services Committee hearing entitled: "Monetary Policy and the State of the Economy. (AP Photo/Pablo Martinez Monsivais)

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Federal Reserve Chair Janet Yellen speaks at the International Monetary Fund in Washington, Wednesday, July 2, 2014. Yellen said she doesn't see a need for the Fed to start raising interest rates to address the risk that extremely low rates could destabilize the financial system. (AP Photo/Susan Walsh)

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Federal Reserve Chair Janet Yellen speaks at the International Monetary Fund in Washington, Wednesday, July 2, 2014. Yellen said she doesn't see a need for the Fed to start raising interest rates to address the risk that extremely low rates could destabilize the financial system. (AP Photo/Susan Walsh)

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Federal Reserve Chair Janet Yellen speaks at the International Monetary Fund in Washington, Wednesday, July 2, 2014. Yellen said she doesn't see a need for the Fed to start raising interest rates to address the risk that extremely low rates could destabilize the financial system. (AP Photo/Susan Walsh)