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Gold exploding - 5+++ Monday?, page-23

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    Fed's Yellen sees rates hikes, mostly good economic picture
    https://www.yahoo.com/news/yellen-faces-fine-balance-fed-rate-hike-job-110154868--business.html
    By Jonathan Spicer and Jason Lange  PHILADELPHIA (Reuters) - Federal Reserve Chair Janet Yellen said on Monday that interest rate hikes are likely on the way because "positive economic forces have outweighed the negative" for the United States now that risks from earlier this year have diminished.  In her address, Yellen was careful not to give timelines on raising interest rates, in contrast to a speech on May 27, when she said "probably in coming months such a move would be appropriate."  While on Monday Yellen stressed that surprises could emerge that could change her expectations, the speech was broadly buoyant, with Yellen listing four main risks to the U.S. economy - slower demand and productivity, and inflation and overseas risks - before downplaying them all.
 
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