(Bloomberg) -- Federal Reserve Chair Janet Yellen said nextweek’s referendum in the U.K. on whether to remain in theEuropean Union was a factor in the U.S. central bank’sdecision to hold interest rates steady at its meeting Wednesday inWashington.
“It is a decision that could have consequences for economic andfinancial conditions in global financial markets,” Yellen saidduring a press conference following the meeting. A vote on June 23by Britons to leave the EU “could have consequences in turn for theU.S. economic outlook,” she said.
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