Dr Yellen Reports to Congress
Federal Reserve Chair Janet Yellen said more interest-rate increases will be appropriate if the U.S. economy meets the central bank\u2019s outlook of gradually rising inflation and tightening labor markets.\u201cAt our upcoming meetings, the committee will evaluate whether employment and inflation are continuing to evolve in line with these expectations, in which case a further adjustment of the federal funds rate would likely be appropriate,\u201d she told the Senate Banking Committee in prepared remarks Tuesday.Bloomberg