During congressional testimony on Tuesday and Wednesday, Fed Chair Janet Yellen said she was "optimistic" on the slowly growing economy.» Read More
Fed Chair Janet Yellen and the release of the Beige Book reiterated central bank support for the recovering economy, helping all three major indexes finish at session highs. Markets were already up at the open, thanks to positive pre-market housing news involving single-family component numbers as well as better-than-expected earnings from Bank of America.
Stocks trade in narrow range. Financials outperform for second day. Bank of America jumps five percent in two days.
CNBC's Steve Liesman reports the Federal Reserve's Beige Book outlines the economics of bad winter weather, and current unemployment data.
The Federal Reserve's Beige Book revealed the economy is expanding at moderate pace, with some districts seeing pickup in growth. Retail sales also gained and the real estate market continues to improve. CNBC's Steve Liesman reports.
Discussing the health of the U.S economy following the release of the Fed's Beige Book, with Bob Brusca, FAO Economics; Joseph Lavorgna, Deutsche Bank; and CNBC's Steve Liesman. Brusca says the service sector continues to show weak spending growth and very moderate job growth.
The Beige Book says the economy continues to expand at a modest to moderate pace, reports CNBC's Steve Liesman.
Dissecting August's Beige Book, and what it says about economic growth and the consumer, with David Lutz, Stifel Nicolaus; Dan Greenhaus, BTIG; and CNBC's Steve Liesman.
CNBC's Steve Liesman digs into the details of August's Beige Book. The Fed says the economy expanded at a modest to moderate pace.
CNBC's Steve Liesman has breaking news on the fed's Beige Book. "Overall, the economy increased at a 'modest to moderate' pace."
Greg Ip, U.S. Economics Editor, The Economist, and CNBC's Rick Santelli, look ahead to what Bernanke is likely to say next week following the Fed meeting.
Jeff Cox, CNBC.com, and David Sterman, Street Authority, discuss how to prepare your portfolio for the possibility of a rise in interest rates. Do rising rates mean an end to the rally?
CNBC's Steve Liesman & Rick Santelli look at the economic data leading into the week. The CNBC Fed flash poll: When is QE likely to taper? With Ben White, Politico; Dan Colarusso, Reuters; and Joe Weisenthal, Business Insider.
Narayana Kocherlakota of the Minneapolis Fed says the FOMC still has not lowered the "real" interest rate sufficiently, reports CNBC's Steve Liesman.
Insight on the day's market action, with Ed Butowsky, Chapwood Investments; Bruce McCain, Key Private Bank; and CNBC's Steve Liesman & Rick Santelli.
The Fed will continue purchases of MBS at a pace of $40 billion per month, reports CNBC's Hampton Pearson.
Chain stores report their August sales Thursday, providing a good look at how the discouraged U.S. consumer behaved during the important back-to-school shopping period.
The Republican Party is using the Federal Reserve as a piñata in Tampa this week, criticizing its policies, but Wall Street just wants another dose of easing.
A Federal Reserve survey finds the U.S. economy expanded modestly in June and early July, but growth and hiring slowed in several parts of the country.
Some economists are raising their estimates for the June jobs report but even if the number is better than expected, “I don’t think that would take QE off the table," one strategist said.
CNBC's Steve Liesman reports the details of the Federal Reserve's Beige Book, including hiring improvement in many districts.