IBTimes -
15 Jul 2015 20:17
U.S. stocks traded mildly higher Wednesday amid congressional testimony from Federal Reserve Chairwoman Janet Yellen on the health of the economy. Yellen, who appeared before the House Financial Services Committee in Washington, D.C., on Wednesday morning, said the central bank is on course to raise interest rates this year if the economic conditions "evolve" as expected, laying the groundwork for the Fed's first rate hike since 2006.
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