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Thursday, 07 September 2017 - 8:45
Top Federal Reserve official departs
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One of the top bankers at the US Federal Reserve said he will retire next month from its governing board, citing personal reasons.

The resignation of 73-year-old Stanley Fischer, creates another vacancy on the council that oversees the US Central Bank.

Three spots on the seven-member board were already vacant.

The term of Federal Reserve Chair Janet Yellen is also due to expire in 2018 and it is unclear whether President Donald Trump will reappoint her.

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