17-10-2016 11:01 via news.yahoo.com

Global shares most lower in narrow trading amid Fed wait

TOKYO (AP) — Global shares were mostly lower Monday, trading within a narrow range as cautious investors considered the most recent comments by Federal Reserve Chair Janet Yellen. Yellen said Friday that the slow recovery from the Great Recession has surprised economists, confounding long-held beliefs about growth and inflation, but she did not discuss the Fed's timetable for a rate hike.
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