The president of the Federal Reserve (Fed) Janet Yellen said on Friday that given the pace of economic growth in the United States could soon be ordered one increased interest rates.
speaking at Harvard University, Yellen said he believes pursue growth and strengthening labor market and that, consequently, “probably in the coming months would be appropriate” raise rates.
that decision could be taken at the meeting of the monetary Policy committee of the Fed (FOMC) on 14 and 15 June or the next to be held on 26 and 27 July .
“The economy continues to improve,” Yellen confirmed at Harvard. “Growth seems he be lifting,” he added.
Reviews Yellen made immediately stagger Wall Street and strengthened the dollar.
Since December, when the near-zero interest rates increased between 0.25% and 0.50% for the first in more than nine years, the FOMC was delaying further increases when considering that the US economy was passing along a rough road.
the US GDP growth in the first quarter was 0.8% annually pale but for the current quarter official and private estimates say it will increase to 2.5% and 3.0% annually
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