Sunday, March 05, 2017

Hopefully This Will Take Some Of the Air Out Of The Balloon

Fed Chair Janet Yellen signals interest rate hike

CHICAGO — Federal Reserve Chair Janet Yellen signaled Friday that the Fed is likely to raise interest rates when it meets later this month. In a speech before the Executives' Club of Chicago she said the economy has weathered "adverse shocks in recent years" and the Federal Open Market Committee is confident that the economy is…