SAN FRANCISCO (Reuters) - Sharp gains in the U.S. dollar that have spurred grumbling from some big U.S. companies about the impact on profits are actually a positive sign for U.S. job creation, a top Federal Reserve official said on Friday. Show More Summary
The path to higher interest rates could get bumpier for stock investors.
Federal Reserve Bank of St. Louis President James Bullard said in a television interview on Friday that the U.S. economy remains on a solid path that argues for raising interest rates relatively soon.
In an effort to combat the rising value of the dollar, the Federal Reserve announced on Thursday that it will wait before raising interest rates.
WASHINGTON (Reuters) - U.S. labor costs rose solidly in the fourth quarter, which could keep the Federal Reserve on track to raise interest rates this year. The Employment Cost Index, the broadest measure of labor costs, increased 0.6 percent after an unrevised 0.7 percent gain in the third quarter, the Labor Department said on Friday. Show More Summary
The Federal Reserve has an important role to play in ensuring the nation's financial system is resilient against cyberattacks, Boston Fed President Eric Rosengren said.
The Federal Reserve boosted its assessment of the economy and downplayed low inflation while repeating a pledge to stay “patient” on raising interest rates. ||| The Federal Reserve boosted its assessment of the economy and downplayed low inflation while repeating a pledge to stay “patient” on raising interest rates. Show More Summary
The auction, wireless carriers’ largest opportunity to get access to new airwaves since 2008, began on Nov. 13, and bids soared past the reserve price of $10.1 billion in the first week.
WASHINGTON (Reuters) - Federal Reserve Chair Janet Yellen on Thursday offered an upbeat assessment on the U.S. economy in a meeting with Senate Democrats, even as she noted risks from overseas, according to media reports. According to...Show More Summary
Submitted by Lance Roberts via STA Wealth Management, The Fed May Be Making A Mistake On Wednesday, the Federal Reserve made their latest monetary policy announcement. Janet Yellen, the current Chairwoman, made several statements that led the markets to believe that they remain on course for increasing the overnight lending rate this year. Show More Summary
More hawkish interpretations the Federal Reserve’s statement Wednesday is hurting gold, but the precious metal isn’t alone, with peers and other commodities getting slammed in trading today. Gold fell as much 1.4% to its lowest level in almost two weeks on Thursday, as the specter of higher interest rates pushes down some incentive to own [...]
The Fed sent stocks reeling yesterday. Find out what's behind the negative sentiment.
From the Philly Fed: The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for December 2014. In the past month, the indexes increased in 46 states and remained stable in four, for a one-month diffusion index of 94. Show More Summary
Senators Rand Paul and Ted Cruz might end up running against each other for the Republican presidential nomination, but they can agree on one thing: their distrust of the Federal Reserve.
Here are 10 things you need to know in markets today. The Fed Stuck To The Course. There were no big surprises from the Federal Reserve Wednesday night. In its December statement, the Fed replaced the phrase "considerable time" with "patient" in crafting its forward guidance on interest-rate policy. Show More Summary
American stocks closed down on Wednesday, driven by a sharp decline in the S&P 500 energy sector. ||| New York - US stocks closed down on Wednesday, driven by a sharp decline in the S&P 500 energy sector, after the Federal Reserve said...Show More Summary
Asian shares retreated on Thursday after the US Federal Reserve unexpectedly lifted its view on the economy. ||| Tokyo - Asian shares retreated on Thursday after the Federal Reserve unexpectedly lifted its view on the economy, signalling that the US central bank remains firmly on track with plans to raise interest rates this year. Show More Summary
By Hideyuki Sano TOKYO (Reuters) - Asian shares retreated on Thursday after the Federal Reserve unexpectedly lifted its view on the economy, signaling that the U.S. central bank remains firmly on track with plans to raise interest rates this year. Show More Summary
Part of the reason investors weren't looking for any action in Federal Reserve policy at this week's meeting has to do more with scheduling than economics.