Janet Yellen: EU referendum result could sway decision on US interest rates

Federal Reserve chair says a UK vote to leave the European Union could have 'significant economic repercussions', including on the US's financial outlook

The Federal Reserve signalled it was likely to hold any imminent interest rate rise on Tuesday as chair Janet Yellen warned of the impact of Britain's possible exit from the European Union, slower job growth and global worries about China on US economic growth.

Yellen has been warning of the impact of jittery investors and volatile markets over the last few months. Her comments come after two months of lackluster reports on the US jobs market and growing signs of nervousness about the UK referendum on European Union membership on US stock markets.