Fed ready to take more action aimed at banking system safety: Yellen
| Reuters
"I would highlight that equity market
valuations at this point generally are quite high," Yellen said. "There
are potential dangers there."
Yellen's
view on the run-up in stocks was an answer to questions from
International Monetary Fund Managing Director Christine Lagarde, who
joined the Fed chief for the opening session of the "Finance and
Society" conference here.
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