TOKYO, April 1- Weakening demand at home and abroad weighed on Japanese manufacturers' confidence in the first quarter, prompting them to cut spending plans, clouding the outlook for Prime Minister Shinzo Abe's drive to reflate the economy. But the latest central bank survey showed service-sector firms saw business conditions improve to a nearly one-year...» Read More
Discussing whether the Fed is obsessed with market response with CNBC's Steve Liesman and Joe Lavorgna of Deutsche Bank.
Richard Clarida, PIMCO, discusses his growth projections for Pimco, the global economy, and currencies.
CNBC's Rick Santelli discusses bond prices and yields on the day after the Fed statement.
The dollar plummeted following the Fed's move, and investors are scrambling into U.S equities. CNBC's Steve Liesman, and Ethan Harris, BofA Merrill Lynch Global Research, discuss.
Joseph Trevisani, WorldWideMarkets, weighs in on currency moves following the Fed's policy statement.
The Federal Reserve is limiting its ability to deal with a crisis by taking "baby steps" to raise interest rates, Maury Harris tells CNBC.
BENGALURU, March 19- India's economy is in much better shape to weather tighter U.S. monetary policy than it was two years ago, according to the economics team from ICICI Securities PD, the most accurate forecasters on Indian economic data in Reuters polls last year. But tighter Fed policy won't inflict much damage this time, according to ICICI economists A....
Maury Harris, UBS chief U.S. economist, and Tim Ng, Clearbrook Global Advisors, provide their reaction to Janet Yellen's indication a rate hike is likely forthcoming and its impact on the markets.
The dollar plunged Wednesday, but don't expect the euro-dollar trade to "keep ripping," Dennis Gartman said.
NEW YORK, March 18- The dollar plunged across the board on Wednesday after the Federal Reserve signaled an interest rate increase as early as June but slashed interest-rate projections over the next few years and downgraded its outlook for the U.S. economy. The dollar also dropped 3 percent versus the Swiss franc, posting its worst daily performance since Jan. 15,...
WASHINGTON, March 18- The Federal Reserve on Wednesday moved a step closer to hiking rates for the first time since 2006, but downgraded its economic growth and inflation projections, signaling it is in no rush to push borrowing costs to more normal levels. "Just because we removed the word' patient' from the statement doesn't mean we're going to be impatient," Fed...
Janus Capital's Bill Gross explains why the Fed's latest statement has caused him to push back his rate-hike projection.
NEW YORK, March 18- The dollar tumbled across the board on Wednesday after the Federal Reserve signaled an interest rate increase as early as June but slashed interest-rate projections over the next few years and downgraded its outlook for the U.S. economy. As expected, the U.S. Central Bank dropped the word "patient" from its statement in terms of raising interest...
Janet Yellen responds to reporters' questions following the Fed rate decision and removal of the word patient from its statement.
Federal Reserve Chair Janet Yellen makes her opening statement, saying just because the Fed removed the word "patient" in its guidance for a rate increase, doesn't mean they are going to be "impatient."
Stock markets rallied after the Fed statement, while the U.S. 10- year Treasury yield dipped below 2 percent for the first time since March 2 and the euro rose against the dollar on the more dovish forecasts that appeared to argue against a June move. "This was largely what was expected, though some may have been fearing a more hawkish Fed, and that explains the rally...
CNBC's Rick Santelli reports the latest on bonds and currencies minutes before the Fed statement.
WASHINGTON, March 18- The Federal Reserve on Wednesday opened the door further for an interest rate hike as early as June, ending its pledge to be "patient" in normalizing monetary policy. But the U.S. central bank signaled a more cautious outlook for U.S. economic growth and slashed its projected interest rate path, in a sign that it remains concerned about the...
CNBC's Steve Liesman reports the Fed removed the code word "patient," saying a rate hike in April is unlikely, and changed its growth outlook.
Pimco's Scott Mather explains why he's sticking to his prediction that the Federal Reserve will start raising interest rates this summer.