Headline RoundupNovember 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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From the Left
Fed still likely to hike interest rates in December, despite election resultWashington Post
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Washington Post
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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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From the Center
Fed’s Yellen: Rate Increase Could Become Appropriate ‘Relatively Soon’Wall Street Journal (News)
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Central-bank officials decided to hold off on raising rates at their last meeting.
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From the Right
Fed’s Yellen: Rate hike likely appropriate ‘relatively soon’Breitbart News
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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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AP Photo/Mike Stewart, File
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