Janet Yellen, chair of the U.S. Federal Reserve, speaks during a news conference following an FOMC meeting in Washington, D.C., U.S., on Wednesday, Dec. 14, 2016. Federal Reserve officials raised interest rates for the first time this year and forecast a steeper path for borrowing costs in 2017, saying inflation expectations have increased “considerably” and suggesting the labor market is tightening. Photographer: Pete Marovich/Bloomberg
Pete Marovich/Bloomberg