Dollar Rises as Yellen, Fischer Spur Bets for Fed Rate-Increase

Updated on
  • Greenback reverses earlier losses linked to longer-term policy
  • Policy makers see stronger economic growth and inflation

Fed's Yellen: Rate Hike Case Has Strengthened

The dollar rose to a two-week high after Federal Reserve Chair Janet Yellen said the performance of the U.S. economy and the outlook for inflation are giving the central bank more scope to raise interest rates.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.