World Week Ahead: Yellen sees higher inflation

Sun, 15 Oct 2017

By Margreet Dietz Oct. 16 (BusinessDesk) - Investors will eye any fresh takes on the latest US inflation data from Federal Reserve officials speaking this week as well as a slew of US quarterly corporate earnings including from Goldman Sachs. On Sunday Fed Chair Janet Yellen underpinned bets the central bank will raise interest rates once more this year, saying “the ongoing strength of the economy will warrant gradual increases.” “My best guess is that these soft readings will not persist, and with the ongoing strengthening of labour...

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