Peter Boockvar of the Lindsey Group calls out Janet Yellen's Fed for being "afraid of its own shadow" on rate policy. » Read More
SINGAPORE, May 3- The dollar set a fresh 18- month low versus the yen on Tuesday, as the yen pushed higher in a holiday-thinned market, while the Australian dollar held firm ahead of an interest rate decision from Australia's central bank. The dollar fell 0.3 percent to 106.09 yen, and fell to as low as 106.05 yen at one point, its lowest level since October 2014.
*Dollar steadies after touching 18- month low of 106.14 yen. NEW YORK, May 2- The dollar edged up against the yen on Monday following its biggest weekly loss in more than seven years, but it declined against other major currencies, particularly the euro, which was helped by stronger German manufacturing data. "It's a difficult process for the BOJ to manage," said...
*Dollar recovers after touching 18- month low of 106.14 yen. NEW YORK, May 2- The dollar rose on Monday from its biggest weekly fall in more than seven years against the yen but softened against other major currencies, in particular the euro, which was helped by stronger German manufacturing data. "It contributed to the performance of the yen, while we are seeing the...
WASHINGTON, April 27- Rising oil prices and a more stable Chinese economy allowed the Federal Reserve to shift its focus back to the home front on Wednesday, as it signaled that U.S. jobs and inflation data would determine whether it hiked interest rates in June. That is something Fed Chair Janet Yellen and other policymakers have been trying to do for months.
The Fed has employment numbers on its radar as opposed to real economic growth, Bill Gross said.
Thirty-day fed funds futures prices are widely considered a reliable indicator of U.S. monetary policy changes.
This is a comparison of today's FOMC statement with the one issued after the Fed's previous policy-making meeting on March 16.
The CNBC Fed Survey shows respondents view the gap on monetary policy views between Janet Yellen and Stanley Fischer as significant and growing.
CNBC's Steve Liesman reports on the results from the CNBC Fed Survey about the top leaders at the Federal Reserve. The FOMC statement will be out at 2PM ET.
The Fed is expected to hold interest rates steady Wednesday, but divisions within the central bank may show up in the wording of its statement, confusing markets.
The FOMC will release a statement Wednesday afternoon following two days of meeting.
The Fed is expected to keep rates unchanged on Wednesday, but may seek to signal to markets it is determined to resume policy tightening this year.
John Silvia, Wells Fargo chief economist, says it is likely the fed will signal a move toward raising rates as the central bank wraps up its two-day policy meeting. Also Silvia weighs in on oil prices, and explains why he is "cautious" on Treasurys.
Using Kensho, we looked at how securities perform between the second and third rate hikes.
WASHINGTON, April 27- The U.S. Since then the Fed has signaled more caution, despite the U.S. economy's relative strength, as concerns a slowing China would depress global growth sparked steep stock price declines and tighter financial market conditions early in the year. Fed Chair Janet Yellen is not scheduled to hold a press conference.
There's been a big pivot at the Federal Reserve, says John Bellows, Western Asset Management. This year they are focused on risk management. And Brian Belski, BMO Capital Markets says the Fed could be getting ready to signal that things are getting better and a rate hike may be likely in June.
Fed Chair Janet Yellen will likely preach caution on future rate hikes, as she did last month, Ameriprise's David Joy says.
The CNBC Fed Survey finds that 80 percent of respondents see Hillary Clinton winning the presidency this November. But they support John Kasich.
All of the respondents to the CNBC Fed Survey are sure the Fed won't hike rates at its meeting this week.
Willem Buiter, Citi chief economist, weighs in on Fed policy, interest rates and the Bank of Japan.