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Fed's Yellen says US still on track for more rate hikes

Other News Materials 8 April 2016 03:17 (UTC +04:00)
The U.S. economy is on a solid course and still on track to warrant further interest rate hikes
Fed's Yellen says US still on track for more rate hikes

The U.S. economy is on a solid course and still on track to warrant further interest rate hikes, Federal Reserve Chair Janet Yellen said on Thursday, Reuters reported.

Speaking at a panel with former chiefs of the U.S. central bank, Yellen said the labor market was "close" to full strength and that inflation was currently held back by temporary factors.

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