Federal Reserve Board Chairwoman Janet Yellen said Friday the central bank could raise interest rates soon. "It's appropriate, and I've said this in the past, I think for the Fed to gradually and cautiously increase our overnight interest rate over time and probably in the coming months, such a move would be appropriate," said Yellen in a speech at Harvard University, according to CNBC. The board discussed raising rates in June during an April meeting so long as the economy shows strength, according to minutes released last week. “Most participants judged that if incoming data were consistent with economic growth picking up in the second quarter ... then it likely would be appropriate for the Committee to increase the target range for the federal funds rate in June,” the minutes stated. Here we go again with the Federal Reserve on it's way to destroy the American economy. I wouldn't be surprised if new interest rates being risen would collapse the economy now, because the Obama administration is looking for nothing more then a major crisis to enact martial law. A new major banking crisis could cause the 2016 election to be canceled, because it would cause mass chaos in the streets of America and prices to rise where people couldn't afford simple things like food, water, heat. Get ready for the Federal Reserve to cause mass chaos in America through a mass banking crisis, unlike the last interest rate hike being postponed over and over again. This new interest rate will likely happen, which could be a few percentage points to fuel an economic crisis that could go as far as canceling the 2016 election.
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