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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
3 mins to read

Federal Reserve head Janet Yellen throws Reserve Bank a bone

A tiny bit of pressure came off the Reserve Bank late last week when Janet Yellen raised the prospect of hiking interest rates soon. With special feature audio.

Jenny Ruth
Mon, 29 Aug 2016

Federal Reserve chairwoman Janet Yellen gave New Zealand’s Reserve Bank a tiny piece of respite by saying the case for a rate rise in the US has strengthened.

Speaking at the annual global banking conference at Jackson Hole, Wyoming, Ms Yellen specifically singled out the strong US labour market

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Jenny Ruth
Mon, 29 Aug 2016
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Federal Reserve head Janet Yellen throws Reserve Bank a bone
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