Janet Yellen, chair of the Federal Reserve, listens to opening statements at a congressional committee hearing in Washington, D.C., earlier this month. Yellen delivered a cautiously upbeat outlook for the U.S. economy, signaling the conditions necessary for an interest-rate increase have been met and that she hopes to tighten monetary policy slowly after a rate hike.
Janet Yellen, chair of the Federal Reserve, listens to opening statements at a congressional committee hearing in Washington, D.C., earlier this month. Yellen delivered a cautiously upbeat outlook for the U.S. economy, signaling the conditions necessary for an interest-rate increase have been met and that she hopes to tighten monetary policy slowly after a rate hike. Drew Angerer
Janet Yellen, chair of the Federal Reserve, listens to opening statements at a congressional committee hearing in Washington, D.C., earlier this month. Yellen delivered a cautiously upbeat outlook for the U.S. economy, signaling the conditions necessary for an interest-rate increase have been met and that she hopes to tighten monetary policy slowly after a rate hike. Drew Angerer
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Bank Watch

News and notes on Charlotte's banks and the financial industry

Will higher interest rates boost Bank of America’s stock price?

December 14, 2015 04:07 PM

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