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The Fed Janet Yellen

  • Dow poised to set another record

    Ed Keon, QMA portfolio manager, and Jim Caron, Morgan Stanley, shares their outlook on the economy as the Dow approaches 20,000.

  • Fed policy turnaround: Pro

    John Silvia, Wells Fargo Securities provides his outlook look on the economy ahead of this week's two-day FOMC meeting.

  • NEW YORK- Federal Reserve chair Janet Yellen holds a news conference- 1930 GMT. **HELSINKI- Bank of Finland Governor and European Central Bank council member Erkki Liikanen will speak at a news conference focused on the outlook of Finnish economy and the state of the country's public finances- 0900 GMT. FRANKFURT- European Central Bank governing council meeting.

  • WASHINGTON, Dec 12- The Federal Reserve Board said on Monday it had promoted an expert on bank stress tests to lead its financial stability division, as it works on changes to the annual exams of large institutions' financial health. Lehnert will replace current director Nellie Liang, who is retiring, on Dec. 25. Lehnert holds a PhD in economics from the University of...

  • The U.S. dollar and Euro currencies

    U.S. bond yields climbed on the back of expectations of broadly higher inflation, driven by a 5 percent rise in global oil prices.

  • Gold was dragged down by expectations that a possible U.S. rate hike this week would curb demand for the safe-haven asset.

  • *Oil prices jump as much as 6.5 pct on output cut pact. Dec 12- Wall Street was lower in early afternoon trading on Monday as a drop in technology and financial stocks offset a jump in energy shares. Oil prices gained as much as 6.5 percent to an 18- month high after OPEC and some of its rivals reached their first deal since 2001 to jointly reduce output to try to tackle...

  • *Viacom, CBS down after Sumner Redstone withdraws merger approval. Oil prices gained as much as 6.5 percent to an 18- month high after OPEC and some of its rivals reached their first deal since 2001 to jointly reduce output to try to tackle global oversupply and boost prices. President-elect Donald Trump's expected agenda of economic stimulus and reduced taxes...

  • *Viacom, CBS down after Sumner Redstone withdraws merger approval. Oil prices rose as much as 6.5 percent to an 18- month high after OPEC and some of its rivals reached their first deal since 2001 to jointly reduce output to try to tackle global oversupply and boost prices. President-elect Donald Trump's expected agenda of economic stimulus and reduced taxes...

  • SAO PAULO, Dec 12- Latin American currencies strengthened on Monday after OPEC and some other oil producers agreed to curb output, supporting appetite for commodity-linked assets. The U.S. central bank on Tuesday begins its last policy meeting of the year, with a statement from Fed Chair Janet Yellen due on Wednesday. The country's benchmark Bovespa stock index...

  • Oil prices rose as much as 6.5 percent to an 18- month high after OPEC and some of its rivals reached their first deal since 2001 to jointly reduce output to try to tackle global oversupply and boost prices. President-elect Donald Trump's expected agenda of economic stimulus and reduced taxes and regulations has fueled a market rally, with the benchmark S&P 500...

  • Fed outlook in question

    CNBC's Steve Liesman looks ahead to the Federal Reserve's December meeting and what we could expect from Fed Chair Janet Yellen's press conference.

  • *President-elect Donald Trump's expected agenda of economic stimulus and reduced taxes and regulations has fueled a market rally, with the S&P rising 5.6 percent since Nov. 8 to Friday's close. Federal Reserve's last meeting for the year, beginning Tuesday, with a statement from Fed Chair Janet Yellen on Wednesday. *Oil rose by as much as 6.5 percent to an 18- month...

  • NEW YORK, Dec 12- Republican lawmakers and the Federal Reserve may be ready to strike a compromise deal on legislation that would give Congress greater scrutiny over the central bank, now that there is no longer the threat of a presidential veto, but it would likely stop short of dictating rules on setting interest rates. Donald Trump's victory in the...

  • Girard: Fed may stay 'wait and see' for its forecasts

    Discussing this week's Fed meeting and what the markets will be watching for in Fed Chair Janet Yellen's press conference, with Michelle Girard, RBS chief U.S. economist & managing director.

  • Expect 2 rate hikes in 2017

    Wei Li, iShares EMEA head of investment strategy at BlackRock, argues that focus should be on the Fed's trajectory of normalizing monetary policy in 2017.

  • LONDON, Dec 12- The dollar rose to its highest since February against the yen on Monday as U.S. bond yields climbed on the back of expectations of broadly higher inflation, driven by a 5 percent rise in global oil prices. The Norwegian crown and Canadian dollar were the other big gainers after OPEC and non- OPEC producers struck their first deal since 2001 to curtail...

  • WASHINGTON, Dec 12- The Federal Reserve inaugurates the Trump era this week with a near-certain interest rate increase and new economic forecasts providing a first glimpse into whether the U.S. election has reshaped the central bank's growth and inflation outlook. Fed fund futures show a 97 percent probability that the Fed will lift rates by a quarter of a...

  • HONG KONG, Dec 12- China's yuan slipped on Monday, as the dollar gained momentum ahead of the U.S. The People's Bank of China set the midpoint rate at 6.9086 per dollar prior to market open, weaker than the previous fix 6.8972. Standard Chartered analysts expect the Fed to deliver a 25- basis-point rate hike on Dec. 14 and another rate hike in 2017. "The path could be...

  • FRANKFURT- European Central Bank governing council meeting. NEW YORK- Federal Reserve chair Janet Yellen holds a news conference- 1930 GMT. WASHINGTON- Federal Reserve Board holds open meeting to discuss a final rule establishing long-term debt and total loss-absorbing capacity requirements for global systemically important banking organizations- 1600...