Comment on Janet Yellen leans toward raising interest rates in near future

Janet Yellen leans toward raising interest rates in near future

Wall Street is betting on a rate hike soon — but that will probably mean bupkis for your savings account. Federal Reserve Chair Janet Yellen on Friday indicated she was leaning toward raising interest rates in the near term, bolstering expectations for an increase in either June or July. “It’s appropriate, and I’ve said this...

 

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