NORTH AMERICAN MARKETS UP AGAIN AS U.S. FED HINTS AT DECEMBER HIKE

Nov 17, 2016

By Michael Kramer

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Markets in North America moved upward as the U-S Federal Reserve strongly hinted that an interest rate hike is likely next month.

U-S Federal Reserve Chair Janet Yellen says an improving American economy has strengthened the case for raising interest rates.

She told Congress the U-S job market has made further improvement this year – and inflation has started to pick up.

Yellen also said she intends to stay on as Fed chair – until her term ends in January of 2018.

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