Federal Reserve

Kevin Lamarque | Reuters
U.S. Federal Reserve Chair Janet Yellen speaking at the Federal Reserve in Washington December 17, 2014.

This is a breaking news article. Please check back for updates on this story. The Fed said it would remain “patient” on raising rates, but indicated it saw the U.S. economy getting stronger. The Federal Open Market Committee released its statement Wednesday afternoon. In a unanimous vote, the FOMC said that “the Committee judges that …

Fed meeting preview

As the Federal Reserve begins its two-day meeting, Steve Liesman takes a look at whether or not the central bank is any closer to raising benchmark interest rates.

Adam Jeffery | CNBC
James Bullard, president of the Federal Reserve St. Louis.

While 2014 featured the biggest growth in 15 years, Friday’s jobs report left at least one key constituency unimpressed. The St. Louis branch of the Federal Reserve, in a brief post following the release of the non-farm payrolls count, added to its rolling chart of the monthly gains. However, in a tweet sent out Sunday, …

December Fed meeting minutes

The Federal Reserve is sticking to its plan to hike rates later this year.

Petras Malukas | AFP | Getty Images
A buyer picks up euro coins in a supermarket in Vilnius on January 1, 2015.

Think of it as Europe staging a giant 15 percent off sale. With its economy slogging along at a near standstill last year, the euro has slid nearly 15 percent since May. That’s offering travel and shopping bargains to U.S. consumers and anyone else paying in dollars. But American companies selling or doing business in …


I don’t make predictions on where the S&P 500 will end up next year, but if you look at what usually powers gains in the stock market—corporate profits or multiple expansion—it seems more likely that any gains will come from increasing corporate profits. Increasing the multiple is possible, but there are many headwinds. Let’s talk …

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 …

federal reserve building - p

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 …

Getty Images
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 …


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 …