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in search of food at Jiajin Mountain of Yaan City, Southwest China's Sichuan Province. (Photo provided by Zhang Zhongyan)

WASHINGTON, Nov. 4 (Xinhua) -- U.S. Federal Reserve Chair Janet Yellen said Wednesday that the central bank may start raising short-term interest rates at its December policy meeting as the U.S. economy is "performing well."


The Fed expects "the economy will continue to grow at a pace that's sufficient to generate further improvements in the labor market and to return inflation to our 2 percent target over the medium term Air Jordan 1 Shoes For Sale ," Yellen tesitified before the House Financial Services Committee on financial regulation.


"If the incoming information supports that expectation, then our statement indicates that December would be a live possibility," Yellen said, referring to its next policy meeting scheduled for Dec. 15-16. "But importantly Air Jordan Shoes For Sale , we have made no decision about it."


Yellen said the decision on hiking interest rates in December will depend on the Fed's policy arm the Federal Open Market Committee (FOMC)'s assessment of the economic outlook at that time and "that assessment will be informed by all of the data that we received between now and then."