Yellen insists Fed increase en route as focus moves to September
She also warned a 'Brexit' could have “significant economic repercussions” for the US
June is out. July might be too soon. The Federal Reserve’s next interest-rate increase is coming, but even September isn’t a sure bet.
That’s the message investors and economists are taking from chairJanet Yellen’s remarks on Monday. Her comments were the last the public will hear from a Fed official before the central bank’s policy-setting meeting next week.
In her remarks, Yellen was clear that she’s fairly sure the economy will improve enough ...