Federal Reserve chair Janet Yellen says the increase will happen ‘if the economy evolves as we expect’, while both the euro and oil prices fellUS stock prices held steady on Wednesday as the Federal Reserve chair, Janet Yellen, again suggested there would be an interest rate increase by the end of the year, while the euro fell ahead of a Greek government vote on whether to accept tough terms for a vital third bailout. Oil prices fell on worries of growing supply from Iran following a landmark deal that would lift sanctions that have curbed its oil sales for several years. Related: Puerto Rico in crisis: weighed down by $73bn debt as unemployment hits 14% Continue reading...
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