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Added on the 17/11/2016 17:51:00 - Copyright : AFP EN
US Federal Reserve Chair Jerome Powell announces a 0.25 percentage point increase in interest rates, but signals that the battle to rein in inflation is not yet over. "We continue to anticipate that ongoing increases will be appropriate in order to attain a stance of monetary policy that is sufficiently restrictive to return inflation to 2 percent over time," Powell tells reporters at a news conference. SOUNDBITE
The U.S. Federal Reserve left interest rates unchanged, but strongly signaled it could still tighten monetary policy by the end of this year. Fred Katayama reports.
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.
The U.S. central bank kept interest rates on hold but opened the door to another rate hike in June by signaling confidence in the U.S. economy. 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.