Items Tagged with 'Janet Yellen'

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

Cautions that no decision has been made
When the Federal Reserve announced last week that it would not be increasing the federal funds rate in November, speculation ran rampant on whether a rate hike would be coming after the next meeting of the Federal Open Market Committee in December. Speaking Wednesday before the House Financial Services Committee, Fed Chair Janet Yellen formalized that possibility.
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Donald Trump accuses Obama, Yellen of conspiring to keep interest rates low

Republican presidential candidate says Fed told not raise rates
Every time Republican presidential candidate Donald Trump addresses a crowd, either in a debate, in a one-on-one with the media or at a campaign event, it’s more likely than not that he’s going to say something that creates a buzz. And Tuesday was no different, although this time, Trump went well beyond commenting on Carly Fiorina’s looks or getting into it with Jeb Bush about 9/11.
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Yellen reiterates rates likely to increase this year

Will the Fed finally begin normalizing monetary policy?
Federal Reserve Chair Janet Yellen reaffirmed in a speech to The City Club of Cleveland that she still expects it will be appropriate later this year to take the first step to raise the federal funds rate. However, in this speech, Yellen includes two things that could restrain economic growth.
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Yellen: A rate increase in 2015 is possible

And most of the committee agrees
A federal funds rate increase this year is possible given current economic data, Fed Chair Janet Yellen said in a press conference on Wednesday after the Federal Open Market Committee June meeting announcement. And what's more, most participants agree with her.
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