WASHINGTON (Reuters) - Federal Reserve Chair Janet Yellen has said the tenor of economic data will decide when the U.S. central bank raises interest rates. Surprisingly, a data analysis based on Yellen's own priorities points to a rate increase by the end of this year.

BING NEWS:
  • Why economists who originally expected multiple deep rate cuts in 2024 now say a hike is possible
    "We expect, in any case, that the Fed's communications after the FOMC meeting this week will have a uniformly hawkish tone," Macquarie said.
    04/29/2024 - 5:49 am | View Link
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