Yellen says a couple more rate increases needed so labor market doesn’t ‘overheat’

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Federal Reserve Chair Janet Yellen speaks during a news conference December 13, 2017 in Washington, DC. Yellen announced that the Federal Reserve is raising the interest rates by a quarter point to 1.5%.

Former Federal Reserve Chair Janet Yellen said Tuesday that more interest rate hikes are needed in order to avoid the economy running too hot.

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