Friday, November 18, 2016

Better Now Because Interest Rate Rise Won't Happen Again For A While

Yellen affirms interest rate hike likely next month

WASHINGTON — Federal Reserve Chair Janet Yellen gave a relatively upbeat assessment of the economy Thursday, further signaling a likely interest rate hike next month. But she also noted that there is a "great deal of uncertainty" following the election and that she expected it would last for "some considerable time." In her first public statements…