FXStreet (Córdoba) – If Fed delays a rise in rates, it could mean that the bank would have to increase less gradually, said Fed Chair Janet Yellen at the semiannual testimony before the Congress.

Yellen said that the timing remains “data-dependent” and every time the FOMC gathers it is a live meeting.

If Fed delays a rise in rates, it could mean that the bank would have to increase less gradually, said Fed Chair Janet Yellen at the semiannual testimony before the Congress.

(Market News Provided by FXstreet)

By FXOpen