Federal Reserve

Brendan McDermid | Reuters
Trader on the floor of the New York Stock Exchange.

U.S. stocks surged on Thursday, extending Wall Street’s best day of the year, after the Federal Reserve said it would be patient in increasing interest rates and as crude furthered its rise. “With Janet Yellen becoming an oil analyst yesterday by suggesting that the recent price declines in crude oil will be “transitory”, anything with …

Andrew Harrer | Bloomberg | Getty Images
The Marriner S. Eccles Federal Reserve building at sunrise in Washington.

The Fed’s not ready yet. Despite expectations that the Federal Reserve would take its first, albeit tentative, step toward raising interest rates Wednesday, the central bank instead opted to keep a key piece of language in its post-meeting statement. The phrase “considerable period” has been included to assure financial markets that it would be quite …

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Wall Street is looking for lower inflation and stronger growth from the plunge in oil prices but the CNBC Fed Survey shows it still sees the Federal Reserve on track raise interest rates this summer for the first time in eight years. Instead of seeing the Fed putting off rate hikes because of lower inflation, …

Andrew Harrer | Bloomberg | Getty Images
Bill Gross

Bill Gross said in an exclusive interview with CNBC on Monday that economic growth will likely fall to 2 percent. “Yes, we’re starting from a 3 percent growth economy that will probably persist for another quarter or so,” he said. “We get back to a relatively new structural growth rate, which is not 3 but …

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Federal Reserve Board Chair Janet Yellen.

Just when market participants started to adjust to the Federal Reserve being on hold even longer than originally expected comes a potential twist. When the central bank’s Open Market Committee meets in a week, it may change a key piece of language in the public statement it releases afterward, according to reports, including one Tuesday …

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November’s surprisingly strong job growth and wage gains sparked talk of an earlier Fed rate hike, but that’s not likely without several months of solid improvement, strategists say. Nonfarm payrolls increased by a stunning 321,000 in November, the best jobs gain since January 2012, and average hourly earnings rose by 9 cents, for a 2.1 …

Fed survey finds improvement

The Federal Reserve’s final Beige Book survey on the economy was a bit more upbeat than in past readings.

New York Fed defends bank oversight

Senators are accusing the Federal Reserve Bank of New York of being too cozy with the banks it regulates.

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The Federal Reserve building.

Markets showed a mildly positive reaction to the minutes, with the S&P 500 stock index edging into positive territory. That was a contrast to October, when the Fed released the September meetings and stocks rose 1.75 percent for the day. That was followed the day after by a 2.1 percent decline. Kocherlakota spoke for nervous …

Fed ends QE: what’s next for housing?

What happens to the housing market now that the Federal Reserve’s stimulus program is over?

Did quantitative easing work?

The Federal Reserve ends its bond-buying program, but did the historic move to stimulate the economy work?

Federal Reserve ends stimulus program

The Federal Reserve ended its bond-buying program, upgraded its assessment of the economy and pledged to keep interest rates low for a considerable time.

Gary Cameron | Reuters
The Federal Reserve building in Washington, October 28, 2014.

This is a breaking news story. Check back here for updates. The Federal Reserve was expected to end the third leg of quantitative easing at this week’s meeting. The U.S. central bank had been buying $15 billion a month in Treasurys and mortgage-backed securities as part of a program that had swelled its balance sheet …

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A Bank of American branch office in Oakland, Calif.

The end of the Federal Reserve’s quantitative easing program and its fight against “too big to fail” banks are on a collision course in the bond market. When quantitative easing ends in October, the market for Treasurys and mortgage-backed securities will see its biggest net buyer stepping back. But because of new regulations requiring the …

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As the Fed gets set to stop QE, Wall Street is already speculating the central bank could crank up a new bond-buying program to take its place if the economy sours. While the odds aren’t high, Fed watchers, surveyed by CNBC, saw a 1-in-7 chance the central bank would launch another QE program within the …