Janet Yellen


  • NEW YORK, Dec 17- The U.S. dollar rallied against major currencies after the Federal Reserve's latest policy statement and comments from Fed Chair Janet Yellen signaled the central bank was on track to hike rates next year. The euro was last down 1.28 percent against the dollar at $1.2346 after hitting $1.2322, its lowest level against the greenback since Dec. 9.

  • Three dissents within Fed  Wednesday, 17 Dec 2014 | 3:03 PM ET

    Federal Reserve Chair Janet Yellen, addresses the three dissents within the Federal Reserve committee.

  • Yellen: Not anticipating overshoot of 2% objective  Wednesday, 17 Dec 2014 | 3:03 PM ET

    Federal Reserve Chair Janet Yellen, answers to why the committee sees unemployment declining slightly below the longer run natural rate.

  • Yellen addresses potential Russian spillover  Wednesday, 17 Dec 2014 | 3:03 PM ET

    Federal Reserve Chair Janet Yellen, discusses whether the committee is concerned over economic developments in Russia.

  • Yellen: Policy data dependent  Wednesday, 17 Dec 2014 | 3:00 PM ET

    Federal Reserve Chair Janet Yellen, remarks on the Fed's strategy to normalizing policy.

  • Yellen: Rate hike unlikely for 2 meetings  Wednesday, 17 Dec 2014 | 2:58 PM ET

    Federal Reserve Chair Janet Yellen, discusses what it would take for her committee to have reasonable confidence inflation is headed back to 2 percent.

  • Yellen: Oil price decline likely net positive  Wednesday, 17 Dec 2014 | 2:49 PM ET
    The gas prices are advertised outside the Costco store in Westminster, Colorado, December 2, 2014.

    Federal Reserve Chair Janet Yellen discusses whether the committee has concern over global developments on deflation.

  • Yellen: Oil moves have transitory effects on inflation  Wednesday, 17 Dec 2014 | 2:49 PM ET

    Federal Reserve Chair Janet Yellen, shares her view of movements in oil prices.

  • Yellen: Normalization unlikely 'next couple meetings'  Wednesday, 17 Dec 2014 | 2:44 PM ET

    Federal Reserve Chair Janet Yellen, remarks on the range of views on the committee about when the lift in rates would be appropriate.

  • Fed Chair Yellen: New language not policy change  Wednesday, 17 Dec 2014 | 2:30 PM ET

    Federal Reserve Chair Janet Yellen provides insight to an update to the committee's forward guidance for the federal funds rate indicating it can be patient in beginning to normalize the stance in monetary policy.

  • Market responds positively to Fed  Wednesday, 17 Dec 2014 | 2:12 PM ET
    Traders on the floor of the New York Stock Exchange.

    CNBC's Bob Pisani dissects the move higher in the S&P 500 after the FOMC statement. The Fed said the effects of lower oil prices are transitory in nature.

  • Fed confusing, way behind the game: Pro  Wednesday, 17 Dec 2014 | 2:05 PM ET

    Reacting to the FOMC statement, with Lindsey Piegza, Sterne Agee; David Kelly, JPMorgan Funds; Bob Doll, Nuveen Asset Management; and CNBC's Steve Liesman. The Fed has kept its key phrase of "considerable time."

  • Here’s what changed in new Fed statement Wednesday, 17 Dec 2014 | 2:04 PM ET
    The Federal Reserve building in Washington.

    This is a comparison of today's FOMC statement with the one issued after the Fed's previous policy-making meeting on October 29.

  • WASHINGTON, Dec 17- The Federal Reserve on Wednesday offered a strong signal that it was on track to raise interest rates sometime next year, dropping a pledge to keep them near zero for a "considerable time" in a show of confidence in the U.S. economy. In doing so, it looked beyond economic difficulties in the euro zone, Japan and Russia and offered a mostly upbeat...

  • Fed keeps 'considerable time,' but not as policy  Wednesday, 17 Dec 2014 | 2:00 PM ET

    CNBC's Steve Liesman reports the Federal Reserve has kept its key phrase of "considerable time" regarding keeping interest rates near zero, but only as a reference, not a policy. The committee continues to monitor inflation developments.

  • *FedEx shares fall after earnings. NEW YORK, Dec 17- U.S. stocks climbed in early afternoon trading on Wednesday as energy sector shares surged more than 4 percent, though investors were preparing for a Federal Reserve statement that may set the stage for interest rate hikes in 2015.. "Volatility should be expected after the statement because so much is riding on...

  • Yellen puts off rate hikes, stocks rally Wednesday, 17 Dec 2014 | 1:05 PM ET
    Federal Reserve Board Chairwoman Janet Yellen speaks during a news conference December 17, 2014 at the headquarters of Federal Reserve Board of Governors in Washington, DC.

    Fed Chair Janet Yellen is holding her last news conference of 2014, with the phrase 'considerable time' a hot-button subject.

  • *FedEx shares fall after earnings, drags transports. NEW YORK, Dec 17- U.S. stocks rose on Wednesday on the heels of a three-session losing streak and ahead of the U.S. "I don't know that it really makes a huge difference because ultimately they will hedge anything they do in that regard by simply saying it is all data-dependent," said Randy Frederick, managing director...

  • ZURICH, Dec 17- The Swiss National Bank chose the first female director in its 107- year history on Wednesday as it braces for a potentially tough policy test if the European Central Bank starts full-blown quantitative easing in 2015.. Andrea Maechler, deputy division chief at the International Monetary Fund, will head the SNB department responsible for the...

  • TREASURIES-U.S. bond yields flat ahead of Fed statement Wednesday, 17 Dec 2014 | 10:31 AM ET

    NEW YORK, Dec 17- U.S. Fed Chair Janet Yellen will hold a press conference half hour later. "They have set up the path for a rate hike unless something really goes awry," said Robert Tipp, chief investment strategist at Prudential Fixed Income in Newark, New Jersey.