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

Filed under: News |

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


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