Thursday, September 24, 2015

Janet Yellen Says Fed Rate Increase Still Likely This Year

Federal Reserve Chairwoman Janet Yellen laid out her most detailed case yet for the central bank to begin raising short-term interest rates later this year, effectively lobbing a warning to financial markets that the central bank’s decision to keep rates near zero last week wasn’t a shift toward an interminable delay of monetary tightening.

from WSJ.com: US Business http://ift.tt/1iOOjdr
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