{"id":62110,"date":"2018-02-04T21:11:45","date_gmt":"2018-02-04T21:11:45","guid":{"rendered":"http:\/\/www.bnreport.com\/solid-economic-growth-means-more-rate-hikes-ahead-janet-yellen\/"},"modified":"2018-02-04T21:11:45","modified_gmt":"2018-02-04T21:11:45","slug":"solid-economic-growth-means-more-rate-hikes-ahead-janet-yellen","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/solid-economic-growth-means-more-rate-hikes-ahead-janet-yellen\/","title":{"rendered":"Solid economic growth means more rate hikes ahead: Janet Yellen"},"content":{"rendered":"

Outgoing Federal Reserve<\/a> Bank Chair Janet Yellen<\/a> said on Friday that solid economic growth, faster wage increases, and a tightening labour market<\/a> mean the US central bank is likely to need to continue to raise interest rates gradually, as it has signalled it will. <\/p>\n

"The economy<\/a> is growing at a healthy, solid pace," Yellen said in an interview with PBS NewsHour on the last day of her four-year term. "The job market is strong and inflation<\/a> is low \u2026 The Federal Reserve has been on a path of gradual rate increases, and if conditions continue as they have been, that process is likely to continue, and as it does we would expect long rates to move up." <\/p>\n

On Saturday, she handed the reins to President Donald Trump<\/a>'s pick to replace her, Governor Jerome Powell<\/a>. She will stay in Washington as a fellow at the Brookings Institution, the think tank where former Fed<\/a> Chair Ben Bernanke also works. <\/p>\n

<\/a><\/strong> <\/a><\/p>\n

Original Article<\/a><\/p>\n

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ET Markets<\/a><\/h5>\n

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Outgoing Federal Reserve Bank Chair Janet Yellen said on Fri..<\/p>\n","protected":false},"author":1,"featured_media":62111,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-62110","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nSolid economic growth means more rate hikes ahead: Janet Yellen - Business News Report<\/title>\n<meta name=\"description\" content=\"Outgoing Federal Reserve Bank Chair Janet Yellen said on Fri..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/solid-economic-growth-means-more-rate-hikes-ahead-janet-yellen\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Solid economic growth means more rate hikes ahead: Janet Yellen - 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