The FOMC left the benchmark federal funds rate target unchanged at its July meeting. » Read More
*Fed says near-term risks to economic outlook diminished. *Target interest rate still 0.25 percent to 0.50 percent. WASHINGTON, July 27- The Federal Reserve left interest rates unchanged on Wednesday but said near-term risks to the U.S. economic outlook had diminished, opening the door to a resumption of monetary policy tightening this year.
NEW YORK, July 27- The Federal Reserve has bowed to political risks once already this year, deferring a possible interest rate hike in part due to Britain's European Union vote, and it may do so again as November's U.S. presidential election looms. While both Republicans and Democrats have criticized the Fed, Donald Trump's policies are likely to be more...
WASHINGTON— The Federal Reserve said Wednesday that near-term risks to the U.S. economy have diminished, reviving the prospect that it will resume raising interest rates as soon as September. The Fed seemed to be referring in particular to Britain's vote last month to leave the European Union— a move that poses risks to the rest of Europe and to the global economy.
Greg Ip, The Wall Street Journal, weighs in on whether the Federal Reserve is likely to raise interest rates this year amid political rhetoric on trade.
WASHINGTON— With consumers spending and employers hiring more freely, the U.S. economy has fared better of late. But when the Federal Reserve ends its latest policy meeting Wednesday, most analysts think it will signal that it wants to see further gains before raising interest rates again. "If we get decent economic news between now and September, I think the odds...
Euro Pacific Capital's Peter Schiff calls out the Fed ahead of the FOMC minutes and weighs in on the election, wages and earnings. And the "Futures Now" traders have a money-making play on the U.S. dollar.
Deutsche Bank's Joe LaVorgna shares his expectations as the Federal Reserve begins a two-day policy meeting.
July 22- The Democratic Party is poised to adopt a policy platform at its convention next week that would prohibit bankers from serving on the boards of the Federal Reserve's 12 regional headquarters and would aim to make the U.S. central bank more diverse. The platform was approved by the party's committee earlier this month and its delegates are expected to...
DHAKA/ NEW YORK, July 21- Jupiter. That single word, by a stroke of luck, helped stop the Federal Reserve Bank of New York from paying nearly $1 billion to the cyber-criminals behind a notorious bank heist earlier this year, according to sources familiar with the incident. They were incorrectly formatted at first; they were mainly to individuals; and they were very...
These are the themes investors need to understand to know whether the market rally can last.
The health of the U.S. employment picture, despite the strong rebound in June, remains a work in progress and is still not inspiring much confidence.
CNBC Senior Contributor Larry Kudlow and CNBC's Steve Liesman discuss Kudlow's critiques and bold plan for the federal reserve.
The central bank's decision-making process over the last six or eight months has been "a bit puzzling," former Fed Gov. Kevin Warsh tells CNBC.
December is the more likely timing if Fed chair Janet Yellen is serious about raising rates at least once in 2016, says OCBC's Selena Ling.
SAN FRANCISCO/ HOUSTON, July 13- Two top U.S. central bankers jumped into the debate over immigration this week with surprising candor, with one calling for engagement in what he said would be "a horribly difficult debate" so as to ensure better economic growth. Speaking Tuesday evening in Marquette, Michigan, Minneapolis Fed President Neel Kashkari also said that...
After the S&P's record close, macroeconomic and geopolitical news will likely dominate U.S. market action Tuesday.
Hillary Clinton may be the next US president. Theresa May is likely to be the UK prime minister. Beyonce's prophecy that girls "Rule the World" may be coming true.
June's jobs numbers were great, but unseasonably low May hiring has been chalked up to the weather.
The 287,000 jobs added in June will give Hillary Clinton a boost, but there's some peril in the next few months, Politico's Ben White says.
Thanos Vamvakidis, head of G10 FX at BofA Merrill Lynch Global Research, discusses how markets and the Federal Reserve may react to the payrolls data.