Janet Yellen: Economy Close To Normal

Janet Yellen is predicting that interest rates will rise as the economic conditions in the U.S.  are getting “close to normal.”  This is despite the recent global chaos of the stock markets.

Yellen pointed out that the low unemployment rate and the slight rise in inflation were positive markers for the economy.  The combination of higher wages, low oil prices and continued job growth bode well for increased consumer spending.

Read more at The Guardian

Photo credit

Photo license