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Added on the 27/05/2016 22:19:35 - Copyright : Reuters EN
Stocks moved higher after Fed Chair Janet Yellen indicated a rate hike was still very much in the cards, but took out specifics on the timing of that hike. Bobbi Rebell reports.
Fed Chair Janet Yellen tells a congressional committee the Federal Reserve is preparing to consider interest rate hikes "on a meeting-by-meeting basis." Rough Cut (no reporter narration).
Fed Chair Janet Yellen says U.S. interest rates could increase as the economy improves, but doesn't specify as to when that might be. Rough Cut (no reporter narration).
Fed Chair Janet Yellen re-inforced already growing expectations that the central bank would raise interest rates at its next meeting in December. Bobbi Rebell reports.
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.
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.
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.
"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
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