The Federal Reserve is considering raising the United States' near-zero interest rates "this year" even though this may slow the economy, Fed Chair Janet Yellen said Friday.
"The committee is now giving serious consideration to beginning to reduce later this year some of the extraordinary monetary policy accommodation currently in place," Yellen said in a speech in San Francisco, according to the prepared text.
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Turkish soldier killed in Syria operation: armyMaintained and developed by Arabs Today Group SAL.
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All rights reserved to Arab Today Media Group 2021 ©
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