US Fed hints interest rates could start to rise in early 2015 as jobs picture improves

Thursday, March 20th 2014 - 03:26 UTC

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The US Federal Reserve Chair Janet Yellen hinted on Wednesday that interest rates in the US could start to rise in early 2015, that is six months after it halts its monthly bond-buying program. Ms Yellen made the remarks after the Fed said it will scale back bond purchases by a further 10bn dollars per month. Read full article

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ChrisR
This is up there with “I am supposed to say something in this job, so I am saying nothing of any consequence in keeping with all the previous Chairmen”.
Mar 20th, 2014 - 08:01 pm - Link - Report abuse 0
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