The head of the U.S. central bank says officials might boost the key interest rate sooner than expected if the job market improves faster than currently predicted.

Federal Reserve Chair Janet Yellen spoke to the Senate Banking Committee Tuesday in Washington, giving a routine assessment of the economy, interest rates, and the housing and job markets.

Yellen said the U.S. economy has partly recovered from the recession and will need less and less help from stimulus efforts like ultra-low interest rates and a huge program of asset purchases.

While unemployment has fallen to 6.1 percent, she says too many Americans remain out of work and the housing market recovery is incomplete.

She also said inflation remains below the two percent annual level some experts say is healthy for the economy.

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Source: VOA News: War and Conflict