The Fed should try to make communications on the expected path of rates and the economy consistent with policy statements, a top official said.» Read More
FARGO, North Dakota/ BANGOR, Maine, April 15- The U.S. "If you commit to keeping rates low even as the recovery is proceeding, even as we continue to recover, I think people have a sense, the Fed has the recovery's back," Minneapolis Federal Reserve Bank President Narayana Kocherlakota said at North Dakota State University.
FARGO, N.D., April 15- A top U.S. Federal Reserve official said on Tuesday he is interested in the fast-emerging bitcoin, although he scoffed at the idea that the virtual currency could replace the dollar.
FARGO, N.D., April 15- A top U.S. Federal Reserve official said on Tuesday he will "do what it takes" to get inflation to be around 2 percent, including raising rates sharply if prices unexpectedly start to spiral upward too quickly.
FARGO, N.D., April 15- The U.S. Federal Reserve is coming up short on its goals for both inflation and employment, a top Fed official said on Tuesday, and the central bank ought to do more to ensure they return to healthier levels.
BANGOR, Maine, April 15- The Federal Reserve should "explicitly" state that it will keep interest rates near zero until the U.S. economy is within one year of reaching the central bank's employment and inflation goals, a top Fed policymaker said on Tuesday.
ATLANTA, April 15- The U.S. Federal Reserve is considering further steps to force big banks to hold more capital, and sees a case for other stability-enhancing measures for more shadowy areas of Wall Street as well, Fed Chair Janet Yellen said on Tuesday.
Selling accelerated after gold broke through its 200-day moving average of $1,300, a key level where many traders placed their stop-loss orders.
Art Cashin of UBS Financial Services tells CNBC's Bob Pisani why the Nasdaq keeps getting hit.
CNBC's Bob Pisani and Art Cashin, of UBS, discuss the flat Dow and the down Nasdaq. Fear is a contagion, he says. Investors should keep their eye on the 10-year.The volatility, he adds, isn't over.
With recent signs that housing may be slowing down a bit, Nobel Prize-winning economist Robert Shiller told CNBC on Tuesday that he'd still describe the recovery as strong.
WASHINGTON— The Federal Reserve may be about to turn more aggressive in its regulation of the financial system. Fed Chair Janet Yellen suggested Tuesday that current regulatory rules might not be enough to prevent the kind of risk-taking that triggered the 2008 financial crisis and nearly toppled the entire banking system.
WASHINGTON, April 15- U.S. consumer prices rose in March, but inflation pressures remained generally benign, which should give the Federal Reserve ample scope to keep interest rates low. The Labor Department said on Tuesday its Consumer Price Index increased 0.2 percent last month as a rise in food and shelter costs offset a decline in gasoline prices.
The economy has not shown the ability to create inflation, says Lou Brien, DRW Trading Group, discussing his outlook on Treasurys.
Federal Reserve chairman Ben Bernanke visits India. CANBERRA, Australia- RBA Assistant Governor Guy Debelle speaks to the Economic Society of Australia in Canberra- 0230 GMT. DUBLIN- Irish financial regulator Cyril Roux speaks at conference on' The Future of Prudential Regulation'- 0900 GMT.
If you have trouble balancing your checkbook, imagine trying to keep track of where $2.7 trillion goes every year. We give it a shot.
Gold has enjoyed a solid run this month. But some traders are starting to wonder why it hasn't risen even more.
Janet Yellen believes rising inflation will lead to lower unemployment. But what we've learned over past decades is the reverse: Lower inflation leads to lower unemployment.
Art Cashin of UBS Financial Services tells CNBC's Sue Herera about the technical levels he's watching because they could trigger strong selling.
CNBC's Bob Pisani and Art Cashin, of UBS, discuss what to expect from the week before Easter, and the 1.1 percent rise in March retail sales.
NEW YORK, April 14- U.S. consumers grew more confident in the labor market last month, with younger workers in particular seeing a greater chance of finding work should they lose their current job, a survey from the Federal Reserve Bank of New York said on Monday.
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