Federal Reserve Chair Janet Yellen:

Fed rate hike 'unlikely' before June

GMT 16:54 2015 Tuesday ,24 February

Arab Today, arab today Fed rate hike 'unlikely' before June

Federal Reserve Board Chair Janet Yellen
Washington - Arab Today

 Federal Reserve Chair Janet Yellen said Tuesday that the Fed is "unlikely" to raise its near-zero base interest rate before June.
Yellen, in testimony to a Senate panel, said that despite strength in the jobs market, there were still some weaknesses apparent and that inflation was still falling, supporting the idea for continued loose monetary policy in the short term.
Source: AFP


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