CHINA TOPIX

U.S. Fed Rate Hike To Be On 'Meeting-By-Meeting' Basis

Dino Lirios   |

Feb 25, 2015 01:22 AM EST

In the Semiannual Monetary Policy Report to the Congress on Tuesday, US Federal Reserve Chair Janet Yellen told the committee that the monetary board would be mulling over raising federal rates on a "meeting-by-meeting" basis, confirming expectations of a rate hike this year, in the months to follow.