Federal Reserve hints at interest rate hike in December
by Rupert Neate in New York from on (#21Z65)
Chair Janet Yellen says interest rates could go up 'relatively soon' as Donald Trump's election has caused no significant change in outlook for US growth
The Federal Reserve chairwoman, Janet Yellen, said interest rates could rise "relatively soon" in her first public comments since the election of Donald Trump as the next US president.
Yellen said Trump's victory had caused no significant change in the outlook for US growth, and signaled that the US central bank could move to hike benchmark rates at its meeting next month.
Related: The US Federal Reserve has created a 'false economy', Trump says
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