While you were sleeping: Stocks rise on Yellen

Tue, 14 Feb 2017

By Margreet Dietz Feb. 15 (BusinessDesk) - Wall Street continued its record-setting streak while the US dollar also gained after Federal Reserve Chair Janet Yellen signalled further interest rate increases ahead. “At our upcoming meetings, the committee will evaluate whether employment and inflation are continuing to evolve in line with these expectations, in which case a further adjustment of the federal funds rate would likely be appropriate,” Yellen told the Senate Banking Committee. The Federal Open Market Committee begins its next...

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