Federal Reserve chair Janet Yellen appears to be optimistic about the US economy, but will most likely be reluctant to raise the benchmark interest rate in June. Photo: Reuters
update | Federal Reserve unlikely to raise interest rates in June, leaving Hong Kong’s real estate market in a state of uncertainty
Disappointing US May jobs data and British referendum to stay or leave the European Union are cited by economists as reasons why the Fed is not in a hurry to boost rates
Federal Reserve chair Janet Yellen appears to be optimistic about the US economy, but will most likely be reluctant to raise the benchmark interest rate in June. Photo: Reuters
