Description
Added on the 04/11/2015 22:13:31 - Copyright : Reuters EN
The case for a U.S. interest rate hike is strong thanks to improving labor market and expectations for solid growth, says Federal Reserve Chair Janet Yellen. Bobbi Rebell reports.
The Federal Reserve should raise interest rates "in the coming months" if the economy picks up, said U.S. central bank chief Janet Yellen at an event hosted by Harvard University. Bobbi Rebell reports.
Federal Reserve Chair Janet Yellen expressed concerns about the U.S. economy but did not rule out a rate hike this year. Bobbi Rebell reports.
Employers added 271,000 jobs in October and the unemployment rate fell to 5 percent. The solid report increases the chance for a Fed rate hike. Shartia Brantley reports.
The Fed indicated it could finally raise interest rates in December, after keeping interest rates steady in October. Bobbi Rebell reports.