The fed chair Janet Yellen
The increase in the discount rate of Bank interest will become feasible in the coming months, if the economy and the labor market will continue to be strengthened, said the head of the Federal reserve system of the USA Janet Yellen, speaking at Harvard University, USA, writes The Wall Street Journal.
The head of the fed said that rates should rise slowly. “I’ve already talked about this in the past, I think that the fed needs to gradually and cautiously raise our interest rates for a long time and probably in the coming months the movement in this direction would be appropriate,” said Yellen.
The next meeting of the leadership of the fed, which will address the rates issue, scheduled for 14-15 June.