Yellen signals confidence in economy ahead of Fed rate decision

FEDERAL RESERVE Chair Janet Yellen said she is increasingly confident that the economy is growing sufficiently to achieve labor-market improvement and higher inflation. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER
FEDERAL RESERVE Chair Janet Yellen said she is increasingly confident that the economy is growing sufficiently to achieve labor-market improvement and higher inflation. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER
WASHINGTON - Federal Reserve Chair Janet Yellen said she is increasingly confident that the economy is growing sufficiently to achieve labor-market improvement and higher inflation, laying the groundwork for a December interest-rate increase if data hold up. “On balance, economic and financial information received since our October meeting has been consistent with our expectations of…

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