Federal Reserve Chair Janet Yellen indicated the Fed may start raising interest rates later this year. Also, a new national survey shows whether Americans would rather buy American goods than items produced overseas. Hena Daniels reports on the day's top MoneyWatch headlines.
By Ryan Vlastelica NEW YORK (Reuters) - U.S. stock investors have been enjoying an extended period of low volatility and steady gains, but with the Federal Reserve on track to raise interest rates this year and major indexes near records, the market could get a bit choppier in coming weeks. Show More Summary
Richard Drew/AP By Noel Randewich NEW YORK -- U.S. stocks ended weaker Friday after Federal Reserve Chair Janet Yellen indicated that the central bank was poised to raise interest rates this year, in line with Wall Street's expectations. Lackadaisical...Show More Summary
[Over at Equitable Growth] It seems to me that this is likely to be analytically wrong--or, at least, far from the optimal policy under any expections scenario: Janet Yellen: [The Outlook for the Economy--May 22, 2015](http://www.federalreserve.gov/newsevents/speech/yellen20150522a.htm):...Show More Summary
Stocks bounced around all day on Friday but ultimately closed in the red. The main event on Friday was a speech from Federal Reserve chair Janet Yellen, which signaled the Fed will likely raise rates this year. First, the scoreboard: Dow:...Show More Summary
This week, the Federal Reserve Board is hiring a senior communications specialist, while Law360 needs a reporter. Devex is seeking a freelance graphic designer, and the Association of Corporate Counsel is on the hunt for a marketing manager. Show More Summary
Federal Reserve Chair Janet Yellen said she still expects to raise interest rates this year if the economy meets her forecasts, with a gradual pace of tightening to follow. While the labor market is... To view the full story, click the title link.
Federal Reserve Chairwoman Janet L. Yellen said Friday she expected the central bank to raise its benchmark short-term interest rate this year if the economy continues to slowly improve.
The chair of the Federal Reserve says U.S. economy is still on the mend from the Great Recession
WASHINGTON/PROVIDENCE (Reuters) - Federal Reserve Chair Janet Yellen on Friday said she expected the central bank to raise rates this year as the U.S. economy was on course to bounce back from a sluggish first quarter and as headwinds at home and abroad begin to wane. Show More Summary
Book notes: A closer look at Invest with the Fed: Maximizing Portfolio Performance by Following Federal Reserve Policy, authors Robert Johnson, Gerald Jensen...
Federal Reserve Chair Janet Yellen on Friday reaffirmed the central bank’s plans to raise interest rates this year despite new concerns that the nation’s economic recovery may be slowing down. In a speech in Rhode Island, Yellen dismissed disappointing data from earlier this year. Government figures showed growth came to a halt during the first […]
Andrew Harnik/APFederal Reserve Chair Janet Yellen By Michael Flaherty and Jonathan Spicer WASHINGTON and PROVIDENCE, R.I. -- Federal Reserve Chair Janet Yellen said Friday she expected the central bank to raise rates this year as the U.S. Show More Summary
Federal Reserve chair Janet Yellen is expected to speak at the top of the hour about the US economic outlook. Yellen's comments are set to be delivered before the Greater Providence Chamber of Commerce. In a note earlier this morning,...Show More Summary
The Cleveland Fed released the median CPI and the trimmed-mean CPI this morning:According to the Federal Reserve Bank of Cleveland, the median Consumer Price Index rose 0.2% (2.2% annualized rate) in April. The 16% trimmed-mean Consumer Price Index also rose 0.2% (2.2% annualized rate) during the month. Show More Summary
A t 1:00 p.m. ET on Friday, Federal Reserve chair Janet Yellen will speak on the US economy. And this could be a big test for the market. In his morning note on Friday, UBS' Art Cashin said Yellen could use this speech as a way to see...Show More Summary
U.S. consumer prices moderated in April on weak gasoline prices, but rising shelter and medical care costs boosted underlying inflation pressures, which should keep the Federal Reserve on course to raise interest rates later this year. Show More Summary
Lynne Sladky/AP By Lucia Mutikani WASHINGTON -- U.S. consumer prices moderated in April on weak gasoline prices, but rising shelter and medical care costs boosted underlying inflation pressures, which should keep the Federal ReserveShow More Summary
By Tanya Agrawal (Reuters) - U.S. stock index futures were higher on Friday, a day after the S&P 500 ended at an all-time high and ahead of Federal Reserve Chair Janet Yellen's take on the economy that investors will peruse for clues on the timing of a rate hike. Show More Summary
US stocks are advancing faster than the real economy, and the situation might soon turn toxic if the Federal Reserve fails to make their minds upon their policy strategy.