US job market set for more than just some attention

LONDON: Now that U.S. Federal Reserve chief Janet Yellen has made it clear she's looking out for "some" improvement in the job market before voting for the first Fed interest rate rise in nearly a decade, so is everyone else.

The challenge is that the U.S. economy is generating very little inflation - not to mention disinflation coming from China and nearly no inflation in Europe - leaving many questioning whether the Fed even should be considering a rate rise.