Yellen: March rate hike is on the table In Senate testimony, Fed chair continues to expect gradual rate hikes Check out this story on mycentraljersey.com: http://usat.ly/2lMj1WF Federal Reserve Chair Janet Yellen told Congress Tuesday that an interest rate hike in March remains on the table, pushing back against market expectations that the Fed will stand pat. “Precisely when we take an action — March, May or June — I can’t tell you,” Yellen told the Senate Banking Committee.