The U.S. job market performed better than November forecasts had predicted, giving credence to Federal Reserve Chair Janet Yellen’s confidence that the economy is strong enough to withstand higher borrowing costs. The 211,000 added jobs follows […]
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Tag: Rate Increase
Federal Reserve’s Janet Yellen Says We’re On Track For First Rate Increase Since 2008
For Federal Reserve Chairperson Janet Yellen, the possibility of a United States interest rate increase is a sign that the American economy has almost completely recovered from the recession. Yellen has not confirmed that a […]