The Fed signaled increased

in #fed8 years ago

Fed chief signals interest rate hike. gradual While the US economy continues to expand.

Mrs. Janet Yellen, president of the Federal Reserve (Fed) said in an annual meeting of the Fed. The town of Jackson Hole, Wyoming, that the US economy. Continues expansion While the rate hike. Is likely to be gradual While employment The Fed's inflation target, reaching near Yale Mrs. Lane did not specify the timing of the Fed's rate hike.

While Mrs. Loretta Mester, president of the Federal Reserve in Cleveland predicts the US economy. May expand 3% stronger in the second half. And inflation will rise to 2% and that the interest rate increase gradually. What is right