US Fed to hike interest rates before year-end?

August 22, 2016 5:55 AM

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According to the newspaper US Federal Reserve Chair Yellen will use her speech at Jackson Hole this week to signal that "American interest rates will rise before the end of the year."

Investors around the world have endured months of mixed messages from officials over the path of US monetary policy. But on Friday, Fed chairwoman Janet Yellen could offer a strong hint that higher borrowing costs in the world's largest economy are on the cards when she delivers a speech at the annu...

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