Janet Yellen

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US Interest rate expected to reach 3%

US Interest rate expected to reach 3%

The US interest rate will likely increase several times a year reaching 3 percent by the end of 2019, US Federal Reserve Chair Janet Yellen said at the Commonwealth Club in San Francisco on Wednesday. The Federal …

Oil prices c­limb on falling dolla­r

Oil prices c­limb on falling dolla­r

Oil prices are rising toward a seven-week high, shrugging off comments from the U.S.Federal Reserve chairwoman that left the door open for a sooner-than-later rate increase.  Oil dipped into losses and is now climbing, moving …

Federal Reserve System may raise discount rate

Federal Reserve System may raise discount rate

The US Federal Reserve System may raise the discount rate in the near future, the Federal Reserve officials said. "Further gradual increases in the federal funds rate are likely to be appropriate," Federal Reserve Chair …

Increase of FRS may be delayed

Increase of FRS may be delayed

According to the head of the US Federal Reserve system Janet Yellen, financial conditions have become less favorable for the growth of the economy in the United States, so the next scheduled rate increase may be delayed. …

Increase of interest rates in US won’t change anything

Increase of interest rates in US won’t change anything

Positive statistics prove this fact. For example, the unemployment decreased from 10% in November in 2009 to 5%, and the GDP after the third quarter of this year increased in annual terms by 2.1%, whereas in the …