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Yellen Signals Fed Rate Hike Possible This Year
Federal Reserve Chair Janet Yellen said she expects rate increases from zero by December as inflation trends toward 2 percent. She noted global weakness unlikely to derail policy moves and emphasized gradual future hikes once decisions are made.
MENTIONED IN THIS ARTICLE
Washington
Janet Yellen
Federal Reserve
University of Massachusetts At Amherst
Yellen
Fed
China
Paul Ashworth
U.S
Capital Economics
University of Massachusetts
Amherst
Mass