Fed’s Yellen to Congress: December ‘live possibility’ for interest rate hike

federal reserve chair janet Yellen on Wednesday pointed to a possible December interest rate "liftoff" but said rates would rise only slowly from then on to nurture the U.S. economic recovery.

Federal Reserve Chair Janet Yellen on Wednesday pointed to a possible December interest rate "liftoff" but said rates would rise only slowly from then on to nurture the U.S. economic recovery.

Here is a roundup of where ever top Fed official stands on a december rate hike. Yellen: Told Congress that the economy was performing well and a rate hike in December was a "live possibility

In every Janet Yellen speech, you are going to hear why she is optimistic about the U.S. economy. And even though the Federal Reserve didn’t raise interest rates. well," and that a December rate.

The Dow Jones Industrial Average and S&P 500 climbed to records and government bonds fell after the Federal Reserve kept the door open for a December interest-rate hike. Ms. Yellen would accept as.

Fed’s Yellen: December Is ‘Live Possibility’ for First Rate Increase – WSJ Federal Reserve Chairwoman Janet Yellen said the U.S. central bank may raise short-term interest rates at its mid-December.

Fed’s Yellen: December is ‘live possibility’ for first interest-rate increase. See MarketWatch’s live blog of Yellen hearing. The Fed has kept its benchmark short-term interest rate.

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A majority of Fed officials have signaled they expect to raise interest rates this year. Chair Janet Yellen told Congress on Nov. 4 that a December rate hike was a “live possibility,” and New York.

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"We are moving the Fed. Yellen’s testimony to Congress were more hawkish than expected, suggesting the committee saw downside risks from global developments as having diminished and activity.

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Federal Reserve Chair Janet Yellen is counting on continued strength in the U.S. economy to support the central bank’s move to slightly higher interest rates while. the driving forces behind the.