The Fed governor: The chance of a rate hike has increased in recent months

The probability of increasing Fed's rates enlarged in recent months due to improved labor market indicators and expectations of moderate economic growth, said the head of the Federal Reserve Janet Yellen on Friday.
Yellen did not specify when the US Central Bank is about to increase the rate, but her comments reinforced the likelihood, that such a move is possible later in 2016. Fed meetings regardless monetary policy, are scheduled for September, November and December.
Speaking at the three-day conference of representatives of the world's central bankers in Jackson Hole, Wyoming, Yellen said, that the US economy is close to the statutory targets of maximum employment and price stability.
"In light of the steady strong performance of the labor market and our forecasts of economic activity and inflation, I believe that the probability of increasing the federal funds rate has increased in recent months," - said Yellen in her speech.
The Fed chief said, that the regulator still believes, that the rate increase should be "gradual".