Yellen says rate-hike case ‘has strengthened in recent months'

Federal Reserve Chair says economy is nearing its goals

26th August, 2016
Expect a hike... Yellen Pic: Getty

Federal Reserve Chair Janet Yellen said the case to raise interest rates is getting stronger as the US economy approaches the central bank’s goals.

"In light of the continued solid performance of the labour market and our outlook for economic activity and inflation, I believe the case for an increase in the federal funds rate has strengthened in recent months,” Yellen said in the text of a speech today to central bankers and...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Benefits of climate change ‘far outweighed’ by damage, says Varadkar

Club king Fox wonders where Dublin nightlife is going

Fianna Fáil support plunges after ‘Votegate’

Budget 2020: Donohoe adopts an election footing