JACKSON HOLE , Wyo., Aug. 26 (UPI) -- Federal Reserve Chairwoman Janet Yellen seemed to signal the Fed will raise interest rates in a speech Friday in Jackson Hole, Wyo..
"I believe the case for an increase in the federal funds rate has strengthened in recent months," she told a symposium sponsored by the Federal Reserve Bank of Kansas City, noting the strength of the labor market and the predictions for inflation and economic activity.