The Fed may have to get even more aggressive if its efforts to tighten aren't reflected in short-term rates, he said.» Read More
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.
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.
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.
President Barack Obama said in an interview Fed Chair Ben Bernanke has stayed in his post "longer than he wanted."
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.
A convincing move above $98 this week may foreshadow a return to $100, defying the weak fundamentals of high supply and soft demand, according to CNBC's weekly sentiment survey.
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.
America may be falling behind the rest of the world when it comes to creating entrepreneurial wealth, a study shows.
Cramer has become more cautious on the market right now and conditions are creating a "nightmare scenario" for just about everyone involved, he said on CNBC.
Now that's a shot of confidence: Home builder sentiment hit a 7-year high in June.
Growth in New York state manufacturing picked up in June, but the details were less encouraging as new orders contracted further and measures of employment weakened.
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.
America's water system—its treatment plants and pipes—is in need of very serious repair if the country is to have safe drinking water, experts say. And it won't come cheap.
US consumer sentiment fell this month after reaching its highest in nearly six years in May, a survey released on Friday showed.
US industrial production was unchanged in May, the Fed said, compared with forecasts for a light increase.
Producer prices rose more than expected as gasoline prices rebounded, but underlying inflation remained muted, which could argue against an early scaling back by the Fed.
Despite mutibillion-dollar settlements, state and federal regulators are making slow progress in their efforts to prod banks to help mortgage borrowers avoid foreclosure.
Ford plans to add 800 more white-collar workers by the end of 2013 after already signing on 2,200 so far this year. It's another sign of surging domestic demand.