Yellen Will Testify Amid Predictions of Slower Rate Hikes

Associated Press, Feb. 8, 2016–Crutsinger, Martin

Things looked so clear back in mid-December when the Federal Reserve signaled the likelihood of four more interest rate hikes in 2016. But as Fed Chair Janet Yellen addresses Congress this week, most analysts and investors think the Fed will raise rates fewer than four times this year, if at all.

(More)