The Fed came very close to promising a rate cut Wednesday, and now markets are focused on a possible July rate cut.Market Insiderread more
The Fed left interest rates unchanged at its monetary policy meeting. The U.S. central bank did, however, drop the word "patient " from its statement and said it would "act as...Asia Marketsread more
Markets had expected the central bank to keep its benchmark interest rate steady while setting up a cut at the July meeting.The Fedread more
The yield on the benchmark 10-year Treasury note fell below 2% for the first time since November 2016 on Wednesday — breaching a key psychological level.Bondsread more
As the presidents of U.S. and China near a highly anticipated meeting on trade, the gap in both sides' expectations regarding a deal remains wide.World Politicsread more
Powell said policymakers are concerned about some of the recent economic developments and see a growing case for easier policy.The Fedread more
Meatless alternatives are on the rise, fueled by startups and companies. CNBC's Uptin Saiidi tried out 21 days as a vegetarian and explores whether this is a fad or the future...Food & Beverageread more
Amazon and Blue Origin founder Jeff Bezos gave more insight into his space company's lunar plans on Wednesday.Technologyread more
Sundar Pichai's note reads like a response to growing scrutiny from regulators, press and employees, and echoes a consistent theme of how Google helps people.Technologyread more
Delta warned travelers that a technical problem could delay flights on Wednesday.Airlinesread more
The Fed chief said that despite reports that Trump was looking to demote or fire him, he doesn't plan on leaving anytime soon.The Fedread more
FX strategist Kathy Lien expects a correction in the dollar after this week's Fed meeting, saying that will create "a beautiful opportunity to buy the greenback."
The BK Asset Management strategist told CNBC's "Squawk on the Street " on Monday the Fed will put the brakes on the dollar rally if Janet Yellen removes the word "patient" from its statement on when the central bank may raise interest rates.
"The key here is they're probably going to lower their inflation expectations component, " Lien added about the Fed statement to be issued Wednesday after the two-day policymaker meeting.
"One of Yellen's greatest fears right now is getting the market to think that the rate hike in June is guaranteed," Lien said. "And I think the stronger dollar makes the decision even more difficult."
Lien sees U.S. dollar/euro parity within three months and believes the Fed is on track to raise interest rates in September. She is looking for another another 5 percent move higher in the dollar.
"This week will be a fabulous opportunity to start getting back into the dollar for that type of move," she said.