Federal Reserve chair Janet Yellen told reporters after a two-day policy meeting that the central bank needed to see more gains in employment and stronger signs of inflation before raising rates. She didn’t provide a timetable for an increase, but most economists expect the Fed to move later this year.
Federal Reserve chair Janet Yellen told reporters after a two-day policy meeting that the central bank needed to see more gains in employment and stronger signs of inflation before raising rates. She didn’t provide a timetable for an increase, but most economists expect the Fed to move later this year. Andrew Harrer Bloomberg
Federal Reserve chair Janet Yellen told reporters after a two-day policy meeting that the central bank needed to see more gains in employment and stronger signs of inflation before raising rates. She didn’t provide a timetable for an increase, but most economists expect the Fed to move later this year. Andrew Harrer Bloomberg

In a shift, the Federal Reserve expects a slower increase in interest rates

June 17, 2015 05:38 PM

UPDATED June 17, 2015 05:40 PM

More Videos

  • Chef-driven Hogshead opens on the Plaza

    Hogshead Kansas City has opened at 4743 Pennsylvania Ave. on the Country Club Plaza.