Europe Opens Sharply Lower on Fed Comments
Economy
featured
The Fed will keep its version of the monetary printing press running a while longer, though Chairman Ben Bernanke provided hints Wednesday that the days of extreme easing are coming to a close.
» Read More
More
-
CNBC's Rick Santelli had some tough talk for the Fed and Bernanke. He also challenged WSJ Reporter Jon Hilsenrath. Watch the clips and check out the firestorm on Twitter.
-
Nearly half of small business owners in a recent poll think Obamacare is bad for their bottom line—a fear that already is affecting their employment decisions, a recent poll found.
-
Nomura bear Bob Janjuah believes he knows the reason why the Fed will begin pulling back its easing program, and it's not about anything directly related to the economy.
-
The Congressional Budget Office says the Senate immigration plan would boost the economy and reduce federal deficits by billions of dollars.
-
Federal Reserve policymakers will likely announce they will keep buying bonds at a monthly pace of $85 billion, while keeping their options open to scale back the program.
-
The Fed will probably put off tapering its bond-buying "for a little bit" but has to start scaling back next year, two top economists tell CNBC.
-
Interest rates on U.S. home mortgages rose last week to hit their highest level in over a year, sapping demand from potential homeowners, an industry group said on Wednesday.
-
Yields on 10-year Treasurys have lurched 50 basis points upwards since May, and some economists now forecast yields could reach 3 percent by year-end.
-
Vice-chair of the Federal Reserve Janet Yellen is by far the most credible successor to central bank chief Ben Bernanke, former Fed Governor Robert Heller told CNBC.
-
U.S. housing starts rose less than expected in May; meanwhile, consumer prices rose in May and underlying price pressures showed signs of stabilizing after a long decline.
-
The effects of the Federal Reserve's bond-buying program are looking more lackluster and more disruptive to market functioning, according to the latest CNBC Fed survey.
-
After years of record-low interest rates, a sea change could be underway, with some investors already starting to hedge their investments in preparation for an uptick.
-
The FOMC meeting kicks off on Tuesday. Mad Money host Jim Cramer explains why this week isn't make or break it for the economy.
-
President Barack Obama said in an interview Fed Chair Ben Bernanke has stayed in his post "longer than he wanted."
-
The market has been dying for details on when the Fed plans to begin tapering its asset-purchase program — and the Fed may actually deliver this time.
-
US consumer sentiment fell this month after reaching its highest in nearly six years in May, a survey released on Friday showed.
-
After falling dramatically for more than a month, applications for mortgage refinances finally swung to the positive last week, rising 5 percent despite the rise in mortgage rates.
-
The number of Americans filing new claims for jobless benefits fell, nearing its lowest level in five years in a sign of resilience for the labor market.
-
U.S. retail sales rose more than expected in May as households stepped up purchases of automobiles and bought other goods.
-
It's been a rough ride in the market and when the Fed meets, Wall Street wants details! Here's what some pros expect to hear.
Most Popular Video
No reason has been given yet for the departure of founder and executive chairman George Zimmer, reports CNBC's Courtney Reagan. Zimmer has long been the face of the company.
Wednesday, 19 Jun 2013 | 10:52 AM ETCNBC's Rick Santelli, explains why he hears 'crickets" when he asks questions about Fed Chairman Bernanke's policies. "Enough is enough," he rants.
Wednesday, 19 Jun 2013 | 11:36 AM ETAre reporters lobbing "softball" questions at the Fed chairman? CNBC's Rick Santelli and the Wall Street Journal's Jon Hilsenrath, debate whether the economy continues to need quantitative easing. I'm trying to inform the public about what the Fed is up to, says Hilsenrath.