Jeffrey Rosenberg, BlackRock, shares his thoughts on Fed policy ahead of the FOMC meeting. We no longer need negative two percent interest rates and a massive size balance sheet, says Rosenberg.» Read More
*JPMorgan, Goldman up after earnings. *Johnson& Johnson falls after results. Facebook shares lost 2 percent to $66.55.
Fed Chair Janet Yellen explains what metrics the FOMC looks at to taper the pace of purchases and what events could occur to alter the ceasing of purchases in October.
*Gold inches up after biggest daily drop since Dec. LONDON, July 15- Gold steadied on Tuesday, but traded near its lowest in almost four weeks as investors monitored the Federal Reserve chief's testimony to the U.S. Congress for more clues on the timing of an interest rate increase.
Senator Charles Schumer, (D-N.Y.) asks Fed Chair Janet Yellen to discuss the Fed's plan to accelerate the end of quantitative easing and raising interest rates.
Fed Chair Janet Yellen explains what the Fed has done to curb "too big to fail."
For highlights from the question and answer session of Federal Reserve Chair Janet Yellen's testimony before the Senate Banking Committee on Tuesday, see.
NEW YORK, July 15- Social media, biotechnology and small-cap names fell in morning trading on Tuesday, cutting gains in other equity indexes, after Federal Reserve chair Janet Yellen said valuations in some sectors appear stretched. "Signs of risk-taking have increased in some asset classes.
Fed Chair Janet Yellen discusses unemployment and reinstating long-term unemployment benefits.
Fed Chair Janet Yellen discusses if the Fed's strategy of reverse repos could exacerbate the market crisis.
Federal Reserve Chair Janet Yellen discusses the timing of the first Fed rate hike. Yellen says there is no formula for when the first rate increase will occur, it will depend on the progress of the economy.
July 15- Federal Reserve Chair Janet Yellen on Tuesday voiced concern about stretched valuations in certain corners of the equity markets, including the small cap, biotechnology and social media sectors.
The "Squawk on the Street" crew discusses Janet Yellen's comments on stretched valuations in the social media and biotechnology industries.
Fed Chair Janet Yellen discusses the FOMC's commitment to monetary policy and assessment of labor market conditions. Yellen says the Fed plans to end purchases after October meeting if the data supports.
Fed Chair Janet Yellen says she expects inflation to move back to its 2 percent objective and the unemployment rate is still expected to decline to its anticipated level.
Federal Reserve Chair Janet Yellen testifies in front of the Senate Banking Committee about the health of the U.S. economy and the rebound of growth in the second quarter.
TEXT-FED'S YELLEN'S PREPARED TESTIMONY TO SENATE PANEL@. July 15- The following is the full text of Federal Reserve Chair Janet Yellen's semiannual testimony on the U.S. economy and monetary policy as prepared for delivery on Tuesday to the Senate Banking Committee.
Discussing what Fed Chair Janet Yellen's testimony on the state of the economy means for the markets, with Alan Lancz, Lancz Letter editor, and Tom Porcelli, RBC Capital Markets chief U.S. economist.
CNBC's Steve Liesman previews Fed Chair Janet Yellen's testimony on the state of the economy in front of the Senate Banking Committee.
WASHINGTON, July 15- Following are selected highlights from the prepared testimony of Federal Reserve Chair Janet Yellen before the Senate Banking Committee on Tuesday. "In sum, since the February Monetary Policy Report, further important progress has been made in restoring the economy to health and in strengthening the financial system.
WASHINGTON, July 15- The U.S. economic recovery remains incomplete, with a still-ailing job market and stagnant wages justifying loose monetary policy for the foreseeable future, Federal Reserve Chair Janet Yellen told a Senate committee on Tuesday.