The Federal Reserve Chair Janet Yellen

The Federal Reserve, Janet Yellen

The Federal Reserve Chair, Janet Yellen, will testify on Tuesday in front of the U.S. Senate and the House on Wednesday. She will discuss when the Federal Reserve will raise interest rates. If the Federal Reserve raises interest rates too soon, then America could end up in another recession.

The Federal Reserve has not raised interest rates since 2006 and has kept the interest rates near zero to prevent the world economy from moving into a recession.

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