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Added on the 26/08/2016 19:20:02 - Copyright : Reuters EN
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.
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.
The U.S. economy grew by 3.7 percent during the second quarter. Economists differ on how the GDP data will impact the timing of an interest rate hike by the Federal Reserve. Shartia Brantley reports.
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