Fed mulling over hike on 'meeting by meeting' basis
Yellen's remarks signal subtle change of emphasis in how the Fed has been speaking about its plans for the first interest rate increase since 2006
Wed, Feb 25, 2015 - 5:50 AM
Ms Yellen said she still feels the job market is not fully repaired, and that the US outlook remains somewhat clouded by a weaker-than-hoped-for global economy, stalled wage growth and falling inflation.
THE Federal Reserve is preparing to consider interest rate hikes "on a meeting by meeting basis", Fed chair Janet Yellen told a congressional committee on Tuesday in a subtle change of emphasis in how the Fed has been speaking about its plans for the first interest rate...