U.S. Fed chief expects rate hike by the end of this year as dollar rebounds 옐런

U.S. Federal Reserve chief Janet Yellen says she expects a rate hike by the end of this year. In a speech on Thursday， Yellen said that the Fed will start raising rates if the economy holds strong and inflation remains stable. She added that the current global economic slowdown will not affect the Fed′s plans to raise its rate. Following her speech， the U.S. dollar gained on Friday while Asian shares in Japan and Australia lost previous gains. Korea′s benchmark KOSPI closed slightly below 19－43 on Friday，... down 0－point－22 percent.