Today at 20:15 Fed Chairman Janet Yellen made a statement at Harvard University.
She sees an increase in interest rates in coming months, as appropriate, if the US economy continues to improve. However, the increase in interest rates will be gradual and it will happen only if economic data continue to meet expectations.
She confirmed statements made by many local representatives of the Fed that the labor market shows stability and development, which gives good reason to raise rates.
Market participants estimated the probability of an increase in interest rates in the coming months to 53.8% as of weeks ago, the likelihood Beppe only 17%.
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