Downplaying risk of recession, Yellen indicates an interest rate hike is coming this month

By Jim Puzzanghera

One by one, lawmakers bombarded Federal Reserve Chairwoman Janet L. Yellen with reasons to hold off on raising a key interest rate for the first time in nearly a decade: slow wage growth, the strong dollar, recession fears and recent attacks in Paris and San Bernardino.Yellen downplayed each one…

Source:: LA Times Jobs