"Fed Chair Janet Yellen dropped a strong hint Friday that an interest rate hike is on the way later this month.
While leaving just enough wiggle room in case conditions should change, the central bank leader said economic improvements of late will be a big part of the discussion at the March 14-15 Federal Open Market Committee meeting.
"We currently judge that it will be appropriate to gradually increase the federal funds rate if the economic data continue to come in about as we expect," Yellen said at a speech in Chicago, according to prepared remarks."
http://www.cnbc.com/2017/03/03/janet-yellen-puts-a-rate-hike-on-the-table-for-this-month.html
While leaving just enough wiggle room in case conditions should change, the central bank leader said economic improvements of late will be a big part of the discussion at the March 14-15 Federal Open Market Committee meeting.
"We currently judge that it will be appropriate to gradually increase the federal funds rate if the economic data continue to come in about as we expect," Yellen said at a speech in Chicago, according to prepared remarks."
http://www.cnbc.com/2017/03/03/janet-yellen-puts-a-rate-hike-on-the-table-for-this-month.html