The Federal Reserve is getting closer to raising interest rates again, the head of the U.S. central bankand other policymakers said on Friday in comments that left the door open for a hike as early as next month. Fed Chair Janet Yellen told a global monetary policy conference that the case for a rate increase had grown stronger, while Fed Vice Chair Stanley Fischer suggested a move could come at the central bank's September policy meeting if the economy was doing well. Although U.S. government data earlier on Friday showed the economy growing only sluggishly in the second quarter, Yellen said a lot of new jobs were being created and economic growth would likely continue at a moderate pace.
By Ingrid Melander and Chine Labbé PARIS (Reuters) - A French court on Friday suspended a ban on women wearing full-body "burkini" swimsuits on a Mediterranean town's beach but the prime minister said the debate was not over, calling the outfit a symbol of a "backwards, deadly Islamism". The Council of State's ruling against the resort of Villeneuve-Loubet is expected to set a precedent for the dozens of French towns that have also laid down such bans. It said Villeneuve-Loubet's ban had "seriously infringed, in a manner that was clearly illegal, fundamental liberties such as the freedom to come and go, religious freedom and individual freedom".