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Opinion

Karen Maley

PIMCO warns 'deflationary scare' as Janet Yellen, Travis Kalanick feel investor rejection

Karen MaleyColumnist
Updated

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At first glance, US central bank boss Janet Yellen wouldn't seem to have much in common with Travis Kalanick, the Uber co-founder and chief executive who bowed to intense investor pressure and announced his resignation this week.

After all, the scrupulously polite 70-year-old Yellen is renowned for her caution and for the meticulous care she puts into preparing her arguments.

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