The unemployment rate, now at 4.6%, which is near what it was before the recession, says Janet Yellen
This is a very modest adjustment in the path of the fed funds rate, and involves changes by only some of the participants
Janet Yellen said existing banking rules could be tweaked but that they are mostly a benefit
Donald Trump had said that he would replace Fed Chair Janet Yellen when her term expires
Yellen said the economy appeared on track to grow moderately, which would help bring about full employment and push inflation toward the Fed's 2% target
In a wide-ranging speech, Janet Yellen said the Fed was struggling to understand the behaviour of the labour market and the weakness of inflation
US stocks posted further gains after Yellen's remarks, while the dollar dropped and Treasuries rose, pushing yields on the 2-year note to session lows
Minutes released Wednesday showed "several" indicated it would be appropriate to raise rates "relatively soon"
The Fed is divided enough ahead of its rate meeting that a nudge from its most influential policymaker could make the difference
Fed Chair Janet Yellen devoted the final page of her keynote talk on possible monetary policy reforms to a list of fiscal and structural policies
She said the case for raising US interest rates has strengthened in recent months as labour market and economy improved
US Fed Reserve chair said the case for raising US interest rates has strengthened in recent months as labour market and economy improved
Risk markets were wary of the US central bank hinting at a near-term interest rate hike
Hillary Clinton is proposing a $275 billion package for the nation's ageing infrastructure; Republican Donald Trump is calling for about twice that
The comments from US central bank opens door to resuming monetary policy tightening this year
Fed policymakers' deepening uncertainty about their own projections has resulted in the central bank sending mixed messages
Yellen's remark that the Fed will raise rates "probably in the coming months" drove benchmark two-year note yields higher for a third consecutive week
She seems on board with colleagues who say Fed should continue with policy tightening
Sensex, Nifty add 1.8% each
The move pumped up the euro to its highest level in almost two weeks, MSCI world equity index rose 0.8%