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Added on the 06/06/2016 22:35:48 - Copyright : Reuters EN
Fed Chair Janet Yellen avoided saying when exactly she expects the next interest rate hike, but added that "positive economic forces have outweighed the negative" for the United States. Bobbi Rebell reports.
"We're strongly committed to bringing inflation back down, and we're moving expeditiously to do so," US Federal Reserve Chair Jerome Powell tells a press conference. SOUNDBITE
"The outlook for the economy is extraordinarily uncertain and will depend in large part on our success in keeping the virus in check," says US Federal Reserve Chairman Jerome Powell during a news conference on policy amid Covid-19 pandemic. SOUNDBITE
Fed Chair Janet Yellen solidified expectations of a Fed move in December, but, as has become typical, she left the door open to wait a bit longer. Bobbi Rebell reports.
U.S. Federal Reserve Chair Janet Yellen tells the House Financial Services Committee that continued economic growth could spur a rate hike in December. Rough Cut (no reporter narration).