Yellen Says She Still Expects Rate Increase This Year

Updated on
  • Chair herself sees a 2015 liftoff from near-zero rates
  • Yellen says Fed can't be sure how quickly headwinds will fade

Are Yellen’s 2015 Rate Rise Comments Believable?

Federal Reserve Chair Janet Yellen said the U.S. central bank is on track to raise interest rates this year, even as she acknowledged that economic “surprises” could lead them to change that plan.

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