- Fed Chairwomen Janet Yellen: the Fed is considering to raise its interest rate “later this year”
Market news
30 March 2015
Fed Chairwomen Janet Yellen: the Fed is considering to raise its interest rate “later this year”
The Federal Reserve Chairwomen Janet Yellen said on Friday that the Fed is considering to raise its interest rate "later this year" even though this may slow the U.S. economy. The interest rate hike will be depend on the economic data, she noted.
Yellen pointed out the Fed will choose "gradualist approach" to raise its interest rate.
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