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RSS FeedsJanet Yellen raises interest rates in final act as Federal Reserve chair
(The Guardian World News)

 
 

14 december 2017 00:11:07

 
Janet Yellen raises interest rates in final act as Federal Reserve chair
(The Guardian World News)
 


Outgoing Fed chief´s `final pull of interest rate lever´ comes amid forecast of economic growth, news that will be cheered by Trump administrationFederal Reserve chair Janet Yellen moved to raise interest rates again on Wednesday in her final major act as head of the US central bank.After a two day meeting the Fed cited the `strong` jobs market and growth in household and business spending for its decision to raise rates a quarter point to a range of 1.25% to 1.5%. Continue reading...


 
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