Yellen Says Fed Hike Probably Appropriate in ‘Coming Months’

Updated on
  • Fed chair steers clear of sending an explicit signal on June
  • Says U.S. economy continuing to improve, inflation to rise

Yellen: Appropriate for Fed to Increase Rates

Federal Reserve Chair Janet Yellen said the ongoing improvement in the U.S. economy would warrant another interest rate increase “in the coming months,” stopping short of giving an explicit hint that the central bank would act in June.

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