White House official says Yellen front runner for Fed chair

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Reuters WASHINGTON
Last Updated : Sep 19 2013 | 12:25 AM IST

WASHINGTON (Reuters) - A White House official said on Wednesday that Federal Reserve Vice Chair Janet Yellen is the front runner to take over the top job at the U.S. central bank when Ben Bernanke steps down, the strongest indication yet of her likely nomination.

The official declined to comment on the timing of any announcement.

(Reporting By Mark Felsenthal; editing by Christopher Wilson)

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First Published: Sep 19 2013 | 12:14 AM IST

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