US Fed watching Ukraine situation `very closely`

Federal Reserve Chair Janet Yellen said Wednesday that the US central bank is watching the situation in Ukraine "very closely" amid worries about an escalation in tensions.

Washington: Federal Reserve Chair Janet Yellen said Wednesday that the US central bank is watching the situation in Ukraine "very closely" amid worries about an escalation in tensions.
"We are not seeing broader global financial repercussions. But if this were to escalate, that would certainly be something that would be on our radar screen," she told reporters.

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