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Markets wait to hear Yellen

The Corner | March 18, 2015 | Attention will focus on Janet Yellen’s remarks later today, as  markets await indication about the Fed’s plans on the issue of a rise in interest rates. Yellen will be speaking after the FOMC meeting, with speculation mounting that US economic projections may be strong enough to warrant a change in monetary policy. Analysts are speculating that a rates hike could happen as early as June, although the current strength of the dollar may delay any rise.