Yellen Signals Solid Economy Would Spur December Rate Hike

Updated on
  • Fed chair's testimony pushes U.S. Treasury yields higher
  • Yellen says December interest-rate hike a `live possibility'

Yellen: Solid Economy Would Lead to December Rate Hike

Fed Chair Janet Yellen said an improving economy has set the stage for a December interest-rate increase if economic reports continue to assure policy makers that inflation will accelerate over time.

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