In this June 22 photo, Federal Reserve Chair Janet Yellen testifies on Capitol Hill in Washington, before the House Financial Services Committee hearing on U.S. monetary policy. The Federal Reserve released its latest monetary policy statement Wednesday, wrapping up a two-day meeting without hiking interest rates.
In this June 22 photo, Federal Reserve Chair Janet Yellen testifies on Capitol Hill in Washington, before the House Financial Services Committee hearing on U.S. monetary policy. The Federal Reserve released its latest monetary policy statement Wednesday, wrapping up a two-day meeting without hiking interest rates. Manuel Balce Ceneta AP
In this June 22 photo, Federal Reserve Chair Janet Yellen testifies on Capitol Hill in Washington, before the House Financial Services Committee hearing on U.S. monetary policy. The Federal Reserve released its latest monetary policy statement Wednesday, wrapping up a two-day meeting without hiking interest rates. Manuel Balce Ceneta AP

Fed’s more upbeat tone suggests rate hike as early as September

July 27, 2016 03:04 PM