Advertisement
UK markets close in 12 minutes
  • FTSE 100

    7,963.64
    +31.66 (+0.40%)
     
  • FTSE 250

    19,896.30
    +85.64 (+0.43%)
     
  • AIM

    743.80
    +1.69 (+0.23%)
     
  • GBP/EUR

    1.1700
    +0.0030 (+0.26%)
     
  • GBP/USD

    1.2635
    -0.0003 (-0.02%)
     
  • Bitcoin GBP

    56,071.44
    +1,743.97 (+3.21%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • S&P 500

    5,252.56
    +4.07 (+0.08%)
     
  • DOW

    39,792.38
    +32.30 (+0.08%)
     
  • CRUDE OIL

    82.48
    +1.13 (+1.39%)
     
  • GOLD FUTURES

    2,235.50
    +22.80 (+1.03%)
     
  • NIKKEI 225

    40,168.07
    -594.66 (-1.46%)
     
  • HANG SENG

    16,541.42
    +148.58 (+0.91%)
     
  • DAX

    18,499.16
    +22.07 (+0.12%)
     
  • CAC 40

    8,214.78
    +9.97 (+0.12%)
     

Fed's Yellen says rate hike likely appropriate in coming months

WASHINGTON, May 27 (Reuters) - The U.S (Other OTC: UBGXF - news) . Federal Reserve should raise interest rates "in the coming months" if economic growth picks up as expected and jobs continue to be generated, Fed Chair Janet Yellen said on Friday.

"The economy is continuing to improve ... growth looks to be picking up," Yellen said in remarks in Boston. "If that continues and if the labor market continues to improve, and I expect those things to occur ... in the coming months such a move would be appropriate." (Reporting by Howard Schneider; Editing by Paul Simao)