Interest Rates


  • NEW YORK, Feb 27- Raising interest rates too late is safer than acting too early, an influential Federal Reserve official said on Friday, endorsing a high-profile research paper that argues that the U.S. economy, given time, can rebound to normal growth. The paper by four top U.S. economists, presented on Friday to a roomful of powerful central bankers in New York,...

  • CHICAGO, Feb 27- Chicago's rating downgrade to Baa2 by Moody's Investors Service on Friday could terminate four interest-rate swap agreements, costing the city about $58 million, according to the credit rating agency. The swaps, which the city uses to hedge interest-rate risk on its variable-rate bonds, can be ended by bank counterparties if Chicago's credit...

  • Influential group urges Fed to wait on raising rates Friday, 27 Feb 2015 | 12:39 PM ET
    The Federal Reserve building is shown in Washington.

    The Fed should keep interest rates lower for longer than planned and then tighten monetary policy aggressively, according to new findings.

  • Rieder: 40% chance Fed hikes in June  Friday, 27 Feb 2015 | 12:09 PM ET

    BlackRock's Rick Rieder shares his economic forecast after weak GDP data, and Fed comments this week.

  • NEW YORK, Feb 27- The dollar index dipped on Friday on month-end selling but remained on track for a record eighth month of gains on improving U.S. data and comments from Federal Reserve officials that bolstered bets for a interest rate rise later this year. "The trend is still in place to support the dollar," said Eric Viloria, currency strategist at Wells Fargo...

  • Stocks drop after weak PMI data  Friday, 27 Feb 2015 | 10:03 AM ET

    Michael Gaspen, Barclays, and David Katz, Matrix Asset Advisors, share their outlook on the markets, oil and interest rates.

  • LONDON, Feb 27- Global investors increased their bets on stocks during February as major equity markets broke through all-time highs, fuelled by the promise of more monetary stimulus, Reuters' monthly asset allocation poll showed. As around 20 central banks have cut interest rates since the start of 2015, and with the European Central Bank set to launch...

  • Santelli: 10-year Treasury yield on the move  Friday, 27 Feb 2015 | 9:40 AM ET

    CNBC's Rick Santelli discusses the latest action in the bond market, as the U.S. dollar hit a 28-month high against the Chinese yuan.

  • Fourth-quarter GDP rises 2.2 percent  Friday, 27 Feb 2015 | 8:30 AM ET

    CNBC's Rick Santelli breaks down the latest numbers on the economy. And CNBC's Steve Liesman; Lindsey Piegza, Sterne Agee, and former Honeywell CEO Larry Bossidy, discuss the latest economic data.

  • ISTANBUL, Feb 27- Turkish Central Bank Governor Erdem Basci sought to calm jittery investors on Friday, appearing to dismiss rumours that he would resign and giving a brief lift to the lira currency after it tumbled to a record low. In a sign of the pressure Basci faces, Economy Minister Nihat Zeybekci was quoted as saying on Friday that the main interest rate...

  • By Swati Pandey and Patturaja Murugaboopathy SYDNEY/ BANGALORE, Feb 27- Australia's retailers, hit by tight-fisted consumers as wages grow at their slowest since at least the late 1990 s, face a worsening downturn in revenue that bolsters the case for another interest rate cut next week by the central bank. Australia's 16 retailers with market capitalisation...

  • Impact of Fed hike on global markets  Friday, 27 Feb 2015 | 5:40 AM ET

    If the U.S. Federal Reserve does raise rates in June, what does this mean for global markets? Geoff Dennis, head of GEM equity strategy at UBS, weighs in.

  • *Gold down nearly 6 pct in Feb, biggest monthly loss since Sept. SINGAPORE, Feb 27- Gold advanced for the third session on Friday and was on track to end a four-week losing streak, supported by firm Chinese demand and a change in views on U.S. interest rates, with some again betting that an increase would not be delayed. Gold has fallen more than 7 percent from a five-month...

  • A June rate hike is still possible: UBS  Thursday, 26 Feb 2015 | 10:13 PM ET

    Kelvin Tay, MD & Regional CIO, Southern APAC at UBS Wealth Management, says markets are starting to price in an interest rate hike by the Fed in June.

  • SINGAPORE, Feb 27- Gold advanced for a third session running on Friday and was on track to end a four-week losing streak, supported by a softer dollar and hopes that the U.S. central bank will not rush to raise interest rates. *Spot gold was up 0.2 percent at $1,210.60 an ounce by 0042 GMT, having touched a one-week high of $1,220 on Thursday. It regained some lost ground...

  • Top forecaster says jobs data point to rate hike Thursday, 26 Feb 2015 | 6:52 PM ET
    A U.S. military veteran listens as a Human Resources Manager with Lowes explains the jobs available during the Veterans Career and Resource Fair on February 6, 2015 in Miami.

    The steady drop in the U.S. unemployment rate will lead the Fed to raise rates to ward off inflation, a forecaster said.

  • Greenspan: Effective demand weak as Depression-era Thursday, 26 Feb 2015 | 6:03 PM ET
    Alan Greenspan

    Effective demand is extraordinarily weak, probably tantamount to the later stages of the Great Depression, Alan Greenspan said.

  • Fed rate hike will be sooner than you think: Pro  Thursday, 26 Feb 2015 | 5:13 PM ET

    Cole Smead, managing director at Smead Capital Management, explains why the Federal Reserve will raise interest rates sooner rather than later.

  • CPI in biggest drop since 2008; core inflation rises. NEW YORK, Feb 26- Global equities dipped on Thursday as investor enthusiasm was dampened by a pullback in oil prices related to rising inventories, while the dollar rose as economic data drove expectations that the Federal Reserve will raise interest rates. The MSCI All-Country World equity index was down 0.2...

  • Fed's Mester: June still viable option for hike Thursday, 26 Feb 2015 | 3:59 PM ET
    Loretta Mester

    Cleveland Federal Reserve President Loretta Mester explains why she still thinks June should be a viable option to raise interest rates.