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Headline Roundup November 17th, 2016

Interest Rate Hike Could Come Soon

Summary from the AllSides News Team

Federal Reserve Chair Janet Yellen said in prepared remarks Thursday that the Fed could raise interest rates "relatively soon," and she will make the same indication to Congress today. The Fed last raised its key interest rate in December 2015 for the first time in a nearly decade.

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Fed still likely to hike interest rates in December, despite election result
Fed still likely to hike interest rates in December, despite election result

Washington Post

News

The Federal Reserve appears on track to raise interest rates in December and again next year, a gradual tightening of monetary policy that as of now seems unchanged by the results of the presidential election, Fed Chair Janet L. Yellen will signal to Congress today.

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Fed’s Yellen: Rate Increase Could Become Appropriate ‘Relatively Soon’
Fed’s Yellen: Rate Increase Could Become Appropriate ‘Relatively Soon’

Wall Street Journal (News)

News

Central-bank officials decided to hold off on raising rates at their last meeting.

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Fed’s Yellen: Rate hike likely appropriate ‘relatively soon’
Fed’s Yellen: Rate hike likely appropriate ‘relatively soon’

Breitbart News

News

Federal Reserve Chair Janet Yellen said Thursday that an interest rate increase likely will be appropriate “relatively soon” as long as there is further evidence of progress in the economy.

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