GO
Loading...

Janet Yellen

More

  • As US economy accelerates, Fed remains cautious Thursday, 31 Jul 2014 | 12:02 AM ET

    WASHINGTON— After a grim start to 2014, the U.S. economy has rebounded with vigor and should show renewed strength into next year. That was the general view of analysts Wednesday after the government estimated that the economy grew at a fast 4 percent annual rate in the April-June quarter. Consumers, businesses and governments combined to fuel the expansion.

  • TOKYO, July 31- Japanese fund managers increased both stocks and bonds in their model portfolio allocations in July, as they bet on a steady recovery in the global economy even as the Federal Reserve keeps reducing stimulus.

  • *Fed cuts monthly bond buying by $10 billion. *Still focused on "significant" labor market slack. WASHINGTON, July 30- The Federal Reserve on Wednesday reaffirmed it was in no rush to raise interest rates, even as it upgraded its assessment of the U.S. economy and expressed some comfort that inflation was moving up toward its target.

  • July 30- Equity markets will see a decline at some point after rising for the past several years, former Federal Reserve chairman Alan Greenspan said in an interview on Bloomberg TV.

  • *Fed cuts monthly bond buying by $10 billion. WASHINGTON, July 30- The Federal Reserve on Wednesday upgraded its assessment of the U.S. economy, taking note of a decline in the jobless rate and signaling more comfort that inflation was moving up toward its target.

  • WASHINGTON, July 30- The Federal Reserve on Wednesday pressed ahead with its plan to wind down its bond-buying stimulus and upgraded its assessment of the U.S. economy, while reaffirming it is in no rush to raise interest rates. The central bank cut its monthly asset purchases to $25 billion from $35 billion, leaving it on course to shutter the program this fall.

  • Santelli Exchange: Fed reform     Wednesday, 30 Jul 2014 | 10:42 AM ET

    CNBC's Rick Santelli and Rep. Bill Huizenga, (R-Mich.), discuss today's GDP data and his new Fed reform bill that addresses transparency and accountability in the Federal Reserve.

  • WASHINGTON, July 30- The U.S. House of Representatives Financial Services Committee narrowly approved a bill on Wednesday that would require the Federal Reserve to set a specific rule to follow when implementing monetary policy. Even if it were approved by the Republican-led House, there is no sign the Democrat-controlled Senate would take it up.

  • FOREX-Dollar hits 10-month highs on strong U.S. GDP data Wednesday, 30 Jul 2014 | 10:20 AM ET

    NEW YORK, July 30- The U.S. dollar hit over 10- month highs against a basket of major currencies on Wednesday after stronger-than-expected U.S. gross domestic product data bolstered expectations for a more hawkish Federal Reserve.

  • Santelli: Euro doesn't respond well to sanctions     Wednesday, 30 Jul 2014 | 9:43 AM ET

    CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar.

  • *European shares slip as Total hurt by Russia. LONDON, July 30- The euro hit an eight-month trough against the dollar on Wednesday and German bond yields were near record lows ahead of inflation data expected to boost the case for further policy easing by the European Central Bank.

  • *European shares slip as Total hurt by Russia. LONDON, July 30- The euro hit an eight-month trough against the dollar on Wednesday and German bond yields were at record lows ahead of inflation data expected to boost the case for further European Central Bank policy easing.

  • WASHINGTON, July 30- The U.S. The central bank is widely expected to cut its monthly asset purchases to $25 billion from $35 billion, which would leave it on course to shutter the program this fall.

  • As Fed meets, key issues likely to stay unanswered Wednesday, 30 Jul 2014 | 12:03 AM ET

    WASHINGTON— The Federal Reserve will likely end a policy meeting Wednesday with a lot of questions unanswered:. Chair Janet Yellen gave few hints about the answers to such issues when she testified to Congress this month.

  • TOKYO, July 30- Asian shares touched a six-and-half-year peak while the dollar held steady against the euro on Wednesday, as investors awaited key U.S. data as well as a U.S.

  • TOKYO, July 30- Asian shares were subdued while the dollar held steady near an eight-month high against the euro on Wednesday, as investors awaited key U.S. data as well as a U.S. The Fed will not be updating its economic forecasts and Chair Janet Yellen will not hold a press conference, keeping investors' focus squarely on the statement.

  • NEW YORK/ LONDON, July 29- Gold fell on Tuesday as investors nervously awaited the end of U.S. "What really mattered of course was what people were thinking would happen at the FOMC," said George Gero, a senior gold analyst at RBC Capital Markets in New York, referring to the meeting of the Fed's Federal Open Market Committee.

  • *Nonfarm payrolls forecast rising 233,000 in July. WASHINGTON, July 29- U.S employment growth likely retained enough momentum in July to help buoy the economy for the rest of the year. The recovery is on solid ground and we are expecting the data to show that in the month of July, "said Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ in New York.

  • GDP views range from recovery to—gasp!—recession Tuesday, 29 Jul 2014 | 2:51 PM ET
    A production assembly mechanic works on a CFM56-7 jet engine at General Electric's GE Aviation factory in Cincinnati, June 25, 2014.

    It may take a while before investors get a clear picture on just how well—or poorly—the U.S. economy is performing.

  • US is the new Switzerland: Insana Tuesday, 29 Jul 2014 | 12:51 PM ET

    Amid all the conflict and unrest in the world, the US is increasingly a haven for the world's money, says Ron Insana.