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Yellen sees possible global turmoil if no Greece deal

Federal Reserve Chair Janet Yellen said there was little direct exposure to Greece in the US economy that could cause harmFederal Reserve Chair Janet Yellen warned Wednesday that the global economy could see significant turmoil if Greece and its creditors cannot reach agreement on more bailout funding. “This is a very difficult situation. In the event that there is not agreement I do see the potential for disruptions that could affect the European economic outlook and global financial markets,” Yellen said.

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