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Added on the 24/02/2015 18:51:45 - Copyright : Reuters EN
Economists are now betting on one or two rate hikes in 2015, after the U.S. central bank said the economy is ready. Bobbi Rebell reports.
The markets are closely watching the Fed's 2-day meeting, on alert for any change in their statement, and for any unexpected comments at the press conference with Fed Chair Janet Yellen. Bobbi Rebell reports.
"A decision on a pause was not made today," Fed Chair Jerome Powell says during a press conference when asked whether the US Federal Reserve has made the decision to pause rate hikes. SOUNDBITE
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.