The Fed just might have triggered an early look at its dream trade—where short-term yields rise gradually and longer term rates rise more slowly.» Read More
*Scotland's independence vote next focus. SYDNEY, Sept 18- The dollar rose to its highest in over four years against a basket of currencies on Thursday after the Federal Reserve's guidance on interest rates highlighted the diverging pathways between the United States and other rich nations.
*Loose Fed policy likely to remain until well into 2017. WASHINGTON, Sept 17- Federal Reserve officials nudged their expected path of interest rate increases higher on Wednesday, but did little to change the outlook for a long slow climb back up to normal monetary policy.
*Updated' exit principles' show repo tool limited, temporary. *Fed policymakers pushed back on New York assumptions.
On Wednesday, the Federal Reserve signaled that it plans to keep a key interest rate at a record low because a broad range of U.S. economic measures remain subpar. Earlier in the day, investors were cheered by news reports that China's central bank would inject a total of 500 billion yuan into the five biggest state banks over three months.
*SPDR Gold Trust holdings fall. NEW YORK, Sept 17- Gold prices fell more than 1 percent to fresh eight-month lows on Wednesday as the dollar rallied and investors worried about forecasts that the U.S. That's what the market is looking at despite a pretty even, perhaps dovish result and presser, "said Tai Wong, director, metals trading at BMO Capital Markets in New York.
CNBC.com Managing Editor Allen Wastler reports the Federal Reserve; poverty data and an IBM memo to employees are the hottest topics among CNBC.com readers.
NEW YORK, Sept 17- U.S. stocks edged higher in volatile trading on Wednesday after the U.S.
Sept 17- Like one of those old Op-Art posters beloved of hippies, staring too long into the Fed's dot chart of interest rate expectations can make you see things which aren't there.
Greg Ip, The Economist; and Jack Bouroudjian, Index Financial Partners; and CNBC's Rick Santelli dissect today's Fed statement.
Bonds sold off after traders read the Fed's new rate forecasts as slightly more aggressive, but dovish comments from Yellen and the Fed statement drove stocks up.
Dissecting the Fed's gradual approach, with Nathan Bachrach, Simply Money Advisors; Rick Rieder, BlackRock; CNBC contributor Jon Najarian; and "Fast Money" trader Tim Seymour.
Discussing when the Fed will raise rates, with Mark Olson, Treliant Risk Advisors chairman and former Federal Reserve Governor.
Reacting to comments by Federal Reserve chair Janet Yellen, with Diane Swonk, Mesirow Financial; Joe Lavorgna, Deutsche Bank; Jim Bianco, Bianco Research; and CNBC's Steve Liesman. Bianco says we are farther away from the first rate hike than before the meeting.
WASHINGTON— Federal Reserve Chair Janet Yellen says "it could take until the end of the decade" to shrink the Fed's record investment portfolio to more normal levels. The Fed's response to the 2008 financial crisis has swollen its balance sheet to more than $4.4 trillion from less than $1 trillion roughly six years ago.
Fed chair Janet Yellen defends her comments on the Fed's forward guidance not being calendar based. Yellen says the FOMC does not want to be locked into something that the market sees as a firm commitment.
Federal Reserve chair Janet Yellen discusses what conditions the FOMC will be looking for when they end, or taper reinvestments.
Federal Reserve chair Janet Yellen addresses the FOMC's faster projections on rate increases when the economic data is not moving in the right direction.
CNBC's Steve Liesman asks Federal Reserve Chair Janet Yellen about the inclusion of the Fed's "considerable time" phrase in the statement, and if the statement is a form of forward guidance.
Federal Reserve chair Janet Yellen explains the Fed's updated approach to monetary policy.
NEW YORK, Sept 17- U.S. stocks were rising in mid-afternoon trading on Wednesday after the U.S. The statement "is largely the same, but the dots are more hawkish, the exit strategy itself being out there is more hawkish and the timing of the first rate also more hawkish," said John Canally, investment strategist and economist for LPL Financial in Boston.