Yellen Says Fed More to Blame for Wider Trade Deficit Than China
Janet Yellen, former chair of the U.S. Federal Reserve. (Photographer: Andrew Harrer/Bloomberg)

Yellen Says Fed More to Blame for Wider Trade Deficit Than China

(Bloomberg) -- Federal Reserve interest-rate hikes in response to fiscal stimulus are causing the U.S. trade deficit to widen, not unfair Chinese trade practices, former Fed Chair Janet Yellen said.
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