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  • TOKYO, Dec 17- The dollar rose against the yen and Swiss franc as the first U.S. interest rate hike in nine years coaxed investors to emerge from safe-haven currencies, but traders said hurdles- some psychological- lay in wait before any lasting gain. Following the decision, the dollar rose, shares on Wall Street soared, and the two-year Treasury yield rose to its...

  • "The markets are really hanging onto Janet Yellen's comments about a strengthening economy, particularly in big export countries like Japan, which relies on U.S. consumers to buy its goods," said Gavin Parry, managing director of Parry International Trading. Panasonic Corp gained 1.5 percent while Bridgestone Corp climbed 3.3 percent and Toyota Motor Corp...

  • GLOBAL MARKETS-Stocks, dollar climb as Fed lifts off Wednesday, 16 Dec 2015 | 9:29 PM ET

    SYDNEY, Dec 17- Asian stock markets jumped on Thursday as investors chose to take an historic hike in U.S. interest rates as a mark of confidence in the world's largest economy, lifting the dollar and piling on the pain for oil prices. China also allowed its currency slip for a 10th straight session to hit its lowest since June 2011. "The Fed will be absolutely...

  • Inflation is much lower than Fed's target: Investor Wednesday, 16 Dec 2015 | 9:18 PM ET
    Inflation is much lower than Fed's target: Investor

    Ben Lichtenstein, president of TradersAudio.com, says the Fed is more concerned about strengthening the economy than meeting its two percent inflation target.

  • Yellen deserves an A for delivery: Investor Wednesday, 16 Dec 2015 | 7:33 PM ET
    Yellen deserves an A for delivery: Investor

    Janet Yellen deserves an A grade for delivery but only time will tell whether the Fed's policies work, says Jeff Knight, global head of investment solutions and asset allocation at Columbia Threadneedle Investments.

  • TOKYO, Dec 17- The dollar gained against the euro and yen on Thursday, rising after the Federal Reserve's decision to hike interest rates for the first time since 2006 lifted risk appetite and Treasury yields. The dollar edged up 0.2 percent to 122.43 yen after rising 0.5 percent overnight. Fed Chair Janet Yellen emphasized that further tightening would be...

  • 'Fed still has a lot of room to unwind' Wednesday, 16 Dec 2015 | 6:34 PM ET
    'Fed still has a lot of room to unwind'

    The Fed still has room to raise rates and unwind its balance sheets to combat inflationary pressures, says Jared Bernstein, a former member of President Obama's economic team.

  • *Stocks rally as Fed hikes rates, emphasises gradual path. SYDNEY, Dec 17- Asian stock markets rose on Thursday investors chose to take a hike in U.S. interest rates as a mark of confidence in the world's largest economy, though the good cheer did not extend to oil where oversupply again pressured prices. "The Fed will be absolutely delighted with the lack of...

  • The Fed did the right thing today: Ex-Dallas Fed head Wednesday, 16 Dec 2015 | 6:08 PM ET
    The Fed did the right thing today: Ex-Dallas Fed head

    The Fed's rate hike and the dovish tone that accompanied it was the right thing to do, says Robert McTeer, former president of the Dallas Federal Reserve.

  • Fed done, now traders look for Santa rally Wednesday, 16 Dec 2015 | 5:50 PM ET
    Federal Reserve Chair Janet Yellen.

    The Fed surprised markets by turning the first rate hike in nine years into a relatively nonevent for markets.

  • Gundlach: Yellen's 'mission accomplished' moment Wednesday, 16 Dec 2015 | 5:49 PM ET
    Jeffrey Gundlach

    "I'm reminded of George W. Bush on the aircraft carrier with 'mission accomplished,'" DoubleLine Capital's Jeffrey Gundlach said.

  • SAN FRANCISCO, Dec 16- The unanimous backing Federal Reserve Chair Janet Yellen got for the Fed's first rate hike since the financial crisis let her deliver a clear message: Don't expect further rate hikes for a while, and when we are ready, we'll tell you. Stocks even managed a rally on the Fed decision as Yellen corralled doubters like Fed governors Lael Brainard...

  • What's the outlook for Fed policy? Wednesday, 16 Dec 2015 | 5:22 PM ET
    What's the outlook for Fed policy?

    Brian Jacobsen, portfolio strategist at Wells Fargo Funds Management and Michael Feroli, Chief U.S. Economist at JPMorgan, share their Fed dot plot expectations and potential risks.

  • Overoptimistic Fed strains credibility on forecasts Wednesday, 16 Dec 2015 | 4:34 PM ET

    WASHINGTON, Dec 16- The economic projections of Federal Reserve policymakers released on Wednesday anticipate U.S. economic growth at 2.4 percent next year and a rebound in inflation to 2 percent by 2018.. The new projections came as the Fed carried out its first rate hike in almost a decade and set out a path for rate rises for 2016 that projected a 1.375 percent...

  • NEW YORK, Dec 16- The U.S. dollar inched higher against a basket of major currencies in volatile trading on Wednesday after the Federal Reserve hiked benchmark interest rates for the first time in nearly a decade and traders viewed the likely pace of future hikes as hawkish. The U.S. dollar seesawed after the Fed statement and remarks from Fed Chair Janet Yellen at...

  • NEW YORK, Dec 16- The Federal Reserve aggressively expanded a new policy tool to help it raise U.S. interest rates from near zero, saying on Wednesday it anticipated about $2 trillion in bids for a facility to help mop up excess cash in financial markets after years of stimulus. The Fed held some $2.5 trillion in Treasury bonds last week in its portfolio of nearly...

  • Liesman: Fed's criteria not clear Wednesday, 16 Dec 2015 | 3:45 PM ET
    Liesman: Fed's not clear with it's criteria

    CNBC's Steve Liesman mentions his read on the Fed's recent decision to hike rates.

  • Fisher: Beginning of the Yellen era Wednesday, 16 Dec 2015 | 3:41 PM ET
    Fisher: Beginning of the Yellen era

    CNBC contributor Richard Fisher, Former Dallas Fed president, provides his perspective on the Fed meeting. This is an important step in establishing Janet Yellen's authority, he says.

  • Fisher: Key test for Fed funds rate Wednesday, 16 Dec 2015 | 3:41 PM ET
    Fisher: Key test for Fed funds rate

    David Scranton, Sound Income Strategies, discusses the Fed hiking interest rates. Richard Fisher, Former Dallas Fed President, weighs in.

  • *Central bank hikes rates by quarter point. WASHINGTON, Dec 16- The Federal Reserve hiked interest rates for the first time in nearly a decade on Wednesday, signaling faith that the U.S. economy had largely overcome the wounds of the 2007-2009 financial crisis. "With the economy performing well and expected to continue to do so, the committee judges that a modest...