U.S. Stocks Slip as Investors Ramp Bets for Rate Hike This Year

Updated on
  • Fed chair says case for higher rates has strengthened
  • Fischer comments bolster bets for possible move next month

Yellen: Case to Raise U.S Rates Is Getting Stronger

U.S. stocks slipped in a volatile session, as remarks from Federal Reserve officials lifted optimism on the economy while also bolstering speculation interest rates could rise as soon as next month.

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