Yellen says March hike ‘likely appropriate’ if progress persists

FEDERAL RESERVE Chair Janet Yellen said an interest-rate increase would “likely be appropriate” at the central bank’s upcoming meeting if employment and inflation continue to meet policy makers’ expectations.  / BLOOMBERG NEWS FILE PHOTO/PETE MAROVICH
FEDERAL RESERVE Chair Janet Yellen said an interest-rate increase would “likely be appropriate” at the central bank’s upcoming meeting if employment and inflation continue to meet policy makers’ expectations. / BLOOMBERG NEWS FILE PHOTO/PETE MAROVICH
WASHINGTON - Federal Reserve Chair Janet Yellen said an interest-rate increase would “likely be appropriate” at the central bank’s upcoming meeting if employment and inflation continue to meet policymakers’ expectations. “At our meeting later this month, the Committee will evaluate whether employment and inflation are continuing to evolve in line with our expectations, in which…

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