United States Federal Reserve Chief Janet Yellen says that she still expects to increase interest rates in 2015 and that concerns about weaker global growth likely will not affect that plan. She said improvements in the US economy would likely entail an initial increase in the federal funds rate later this year. Yellen's remarks came a week after the US central bank opted at a widely anticipated meeting against enacting the first rate hike since the financial crisis of 2008.
News On AIR | September 25, 2015 8:15 AM
Janet Yellen says, she still expects to increase interest rates in 2015