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News Link • Federal Reserve

Federal Reserve to Raise Interest Rates Beginning in 2015

•, By: Derrick Broze
On Wednesday Federal Reserve Chair Janet Yellen stated the U.S. Central Bank would likely end it’s bond-buying program by the fall and begin raising interest rates in the first half of 2015.  Speaking at her first news conference as chair, Yellen discussed the bond-buying program known as Quantitative Easing, Yellen stated that the Fed planned to wait a “considerable time” before pushing up interest rates. When questioned on how long a considerable time was the Chair Woman answered with six months.

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