Advertisement
New Zealand markets closed
  • NZX 50

    11,806.65
    -139.78 (-1.17%)
     
  • NZD/USD

    0.5959
    +0.0009 (+0.15%)
     
  • NZD/EUR

    0.5555
    +0.0015 (+0.27%)
     
  • ALL ORDS

    7,842.80
    -94.70 (-1.19%)
     
  • ASX 200

    7,581.40
    -101.60 (-1.32%)
     
  • OIL

    83.88
    +0.31 (+0.37%)
     
  • GOLD

    2,348.20
    +5.70 (+0.24%)
     
  • NASDAQ

    17,430.50
    -96.30 (-0.55%)
     
  • FTSE

    8,078.86
    +38.48 (+0.48%)
     
  • Dow Jones

    38,085.80
    -375.12 (-0.98%)
     
  • DAX

    17,917.28
    -171.42 (-0.95%)
     
  • Hang Seng

    17,626.75
    +342.21 (+1.98%)
     
  • NIKKEI 225

    38,074.56
    +446.08 (+1.19%)
     
  • NZD/JPY

    93.0480
    +0.5520 (+0.60%)
     

Fed rate hike likely appropriate - Yellen

The Federal Reserve should raise interest rates "in the coming months" if the economy picks up, said U.S. central bank chief Janet Yellen at an event hosted by Harvard University. Bobbi Rebell reports.