A downturn in core inflation or wage growth in US could force the Federal Reserve to delay the increase to borrowing costs, US Fed Chair Janet Yellen said on Friday.
The central bank's only official guidance on the timing is that it would wait a "considerable time" after bond-buying ends, as indicated by US Federal Reserve Chair Janet Yellen.
The US Fed's policy-setting committee decided that its chair - now Janet Yellen - would approve any subsequent changes to the new rate during the testing of the tool.
Top Federal Reserve officials are rushing to clarify just when the US central bank would finally tighten monetary policy after comments last week from Fed Chair Janet Yellen intensified a guessing gam...
The US Federal Reserve will probably end its massive bond-buying programme this fall, and could start raising interest rates around six months later, Fed Chair Janet Yellen said on Wednesday, in a...
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