Federal Reserve Chair Janet Yellen speaks during a news conference at the Federal Reserve in Washington. Economists agree with Yellen that the economy and job market still need ultra-low interest rates to support growth. Yet the latest Associated Press survey of economists shows that most also fear that the Fed will wait too long before raising rates, perhaps triggering high inflation or financial asset bubbles.
Federal Reserve Chair Janet Yellen speaks during a news conference at the Federal Reserve in Washington. Economists agree with Yellen that the economy and job market still need ultra-low interest rates to support growth. Yet the latest Associated Press survey of economists shows that most also fear that the Fed will wait too long before raising rates, perhaps triggering high inflation or financial asset bubbles. Susan Walsh The Associated Press
Federal Reserve Chair Janet Yellen speaks during a news conference at the Federal Reserve in Washington. Economists agree with Yellen that the economy and job market still need ultra-low interest rates to support growth. Yet the latest Associated Press survey of economists shows that most also fear that the Fed will wait too long before raising rates, perhaps triggering high inflation or financial asset bubbles. Susan Walsh The Associated Press

Lewis Diuguid

August 26, 2014 11:18 AM

Inflation worries may signal Fed action on interest rates

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