Fed chief Janet Yellen says interest rates will rise 'in coming months'

Federal Reserve is expected to announce two to three interest rate hikes this year after it increased rates in December for the first time in nearly a decade

Federal Reserve chair Janet Yellen had a message for Wall Streeters anxiously wanting to depart for the long weekend on Friday: interest rate hikes are coming.

Analysts have been scrutinizing remarks by all Federal Reserve officials over the past few months for a hunt of when the next interest rate hike might occur. The US central bank is expected to announce two to three interest rate hikes this year after it increased rates in December for the first time in nearly a decade.

Related: Interest rates could rise as soon as June, Federal Reserve suggests