Svea Herbst, Reuters

Yellen says Fed rate hike likely appropriate in coming months

Jonathan Spicer, Reuters

Svea Herbst, Reuters

May 27, 2016

The Federal Reserve should raise interest rates "in the coming months" if the economy picks up as expected and jobs continue to be generated, U.S.

Another view from the Fed

Svea Herbst, Reuters

June 1, 2015

With little evidence the U.S. economy is rebounding after a very weak first quarter, the Federal Reserve is in no position to start raising interest rates for the first time since 2006, a top Fed official said on Monday.