GLOBAL MARKETS-Stocks dip, dollar strengthens after Yellen rate hike comments

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GLOBAL MARKETS-Stocks dip, dollar strengthens after Yellen rate hike comments

[Reuters] - A gauge of global equity markets dipped on Tuesday and the dollar strengthened as U.S. Federal Reserve Chair Janet Yellen struck a hawkish tone on the timing of an interest rate hike. Yellen said in prepared remarks before the U.S. Senate Banking Committee that the central bank will likely need to raise interest rates at an upcoming meeting, although she expressed caution about the considerable economic policy uncertainty under the Trump administration.

GLOBAL MARKETS-Stocks dip, dollar strengthens after Yellen rate hike comments - Yahoo Finance
 
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