*Yield curve steepens from five-year lows. NEW YORK, July 31- U.S. "Starting with GDP yesterday, it certainly set things off," said Ira Jersey, an interest rate strategist at Credit Suisse in New York.» Read More
Q2 GDP partly offset by mixed Fed views. LONDON, July 31- The dollar held just below a 10- month high against a basket of currencies on Thursday after the Federal Reserve said it was in no rush to raise interest rates, tempering a rally that dates back to early May.
BANGALORE, July 31- The Reserve Bank of India is likely to leave its key interest rate unchanged on August 5 and won't ease policy until early next year on fears food inflation will spike if monsoon rains are below average, according to a Reuters poll.
TOKYO, July 31- The dollar stayed strong and U.S. bond yields held firm on Thursday after data showed solid U.S. economic growth, even as the Federal Reserve repeated its message that it is in no hurry to raise interest rates. MSCI's broadest index of Asia-Pacific shares outside Japan was almost flat in early trade.
*Fed cuts monthly bond buying by $10 billion. *Still focused on "significant" labor market slack. WASHINGTON, July 30- The Federal Reserve on Wednesday reaffirmed it was in no rush to raise interest rates, even as it upgraded its assessment of the U.S. economy and expressed some comfort that inflation was moving up toward its target.
NEW YORK, July 30- The S&P 500 ended nearly flat on Wednesday after the Federal Reserve gave a rosier assessment of the U.S. economy while reaffirming that it is in no hurry to raise interest rates.
The Fed delivered a mixed message Wednesday, and the markets may increasingly start to ignore it if the economy continues to improve, analysts say.
NEW YORK, July 30- The S&P 500 was near flat on Wednesday after the Federal Reserve gave a rosier assessment of the U.S. economy while reaffirming that it is in no hurry to raise interest rates.
*Central bank reaffirms no rush to raise interest rates. NEW YORK/ LONDON, July 30- Gold futures ended lower on Wednesday, but traders largely shrugged off a statement from the Federal Reserve hinting the U.S. central bank was in no rush to hike interest rates, which would reduce appetite for the precious metal.
Former Federal Reserve Governor Randy Kroszner, and CNBC's Steve Liesman, discuss if today's GDP data will lead to the Fed adopting a faster exit policy and its focus on slack in the labor force.
The Federal Reserve is staying the course on bond tapering. CNBC's Steve Liesman discusses what the Fed may do moving forward considering today's strong GDP data.
NEW YORK, July 30- The S&P 500 turned higher while the Dow pared losses on Wednesday after the Federal Reserve raised its assessment of the U.S. economy while reiterating it is in no hurry to increase interest rates. Shares of Wells Fargo gained 1.4 percent to $52.26.
PIMCO founder and CIO Bill Gross explains why bond yields in France and Spain are better economic gambles than the U.S. right now.
PIMCO founder and CIO Bill Gross reacts to the Federal Reserve's decision to taper by $10 billion. Gross says watch wages, and shares his yield curve outlook.
CNBC's Rick Santelli reports on the Treasury market reaction after the Fed announced it will extend its taper.
Traders seem to be focused on the Fed saying a range of indicators suggest significant underutilization of labor resources, with CNBC's Bob Pisani.
This is a comparison of today's FOMC statement with the one issued after the Fed's previous policy-making meeting on June 18.
The Fed cut its bond-buying purchases by $10 billion, and said rates will stay in the current range for a considerable time after the bond purchases end. The "Street Signs" crew digs into the market's reaction, with Bob Doll, Nuveen Asset Management, and David Kelly, JPMorgan Funds.
CNBC's Hampton Pearson reports the Federal Reserve has cut its bond-buying purchases by $10 billion to $25 billion per month.
WASHINGTON, July 30- The Federal Reserve on Wednesday pressed ahead with its plan to wind down its bond-buying stimulus and upgraded its assessment of the U.S. economy, while reaffirming it is in no rush to raise interest rates. The central bank cut its monthly asset purchases to $25 billion from $35 billion, leaving it on course to shutter the program this fall.
CNBC's Steve Liesman; Paul Richards, UBS; and the FMHR traders look ahead to U.S. economic growth in Q3 after news the U.S. economy grew 4 percent in the second quarter.