Yellen, confident in the US economy, said interest rates will be raised this year

Sunday, May 24th 2015 - 07:57 UTC

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Federal Reserve Chair Janet Yellen made it clear on Friday that the central bank was poised to raise interest rates this year, as the US economy was set to bounce back from an early-year slump and as headwinds at home and abroad waned. The announcement was made in a speech to a business group in Rhode Island. Read full article

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ChrisR
Don't worry about the Fed raising rates this year.

Yellen will be saying it's all been a mistake when other info coming out of the US says the opposite, as has happened countless times in the last 12 months.
May 25th, 2015 - 06:14 pm - Link - Report abuse 0
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