By Rodrigo Campos NEW YORK (Reuters) - Data on inflation and employment, two of the economic indicators most important to a "data-dependent" U.S. Federal Reserve are expected next week. While Fed policymakers will be looking at those...Show More Summary
The US Federal Reserve is constrained in the number of ways it can address economic challenges in the United States, Federal Reserve Chair Janet Yellen said on Friday.
The Northern Arapaho tribe has won a court case that could lead to its receiving federal permission to kill bald eagles for religious ceremonies on the Wind River Reservation. According to the Chicago Tribune, the U.S. Fish and Wildlife...Show More Summary
Jeffrey Gundlach, the CEO of DoubleLine Capital, said Friday that Federal Reserve chair Janet Yellen's remarks that a rate hike would be appropriate in coming months "doesn't suggest" a hike in June. Wall Street trimmed gains in early...Show More Summary
Image Source: PhotoDune Federal Reserve Chair Janet Yellen recently indicated the market was not ready for an increase in interest rates. What does this mean for those looking to buy or refinance a home? Jump on the opportunity, but proceed with caution. Mortgage rates are currently flat and likely to fall in the coming quarter. Show More Summary
With the economy’s prospects brightening after a bleak winter, Federal Reserve policymakers are increasingly signaling they are ready to nudge up a key interest rate next month. Fed Chairwoman Janet L. Yellen added to the speculation on Friday, saying that if the economy continued to improve as...
US Federal Reserve Chair Janet Yellen said that the US interest rate could be increased in the coming months.
CAMBRIDGE, Mass. (AP) — Federal Reserve Chair Janet Yellen says a move to increase interest rates in coming months will be “appropriate” if the economy keeps improving. Yellen says while economic growth was relatively weak at the end of last year and beginning of this year, it appears to be picking up now. Speaking of […]
Federal Reserve chair Janet Yellen says the Fed did not see the financial crisis coming. "We saw trees, and the house price bubble was a tree," Yellen said Friday at Harvard University's Radcliffe Day, where she received the Radcliffe...Show More Summary
It became clear late last year that the Federal Reserve intended to finally raise short-term interest rates, which it had kept near zero for years to allow the economy to recover from the financial
Last week’s fund flows reflect an increasingly cautious investor base as market-watchers mull the likelihood of a Federal Reserve interest-rate increase next month. Another sign of caution in these flows: some $12 billion moved into cash-like money-market funds last week, the heaviest in 15 weeks, according to Jefferies. Here’s a worthwhile chart from Kenneth Chan, […]
Gold headed lower over the duration of the week started May 23, with bullish confidence dented by mutterings from the US Federal Reserve Board of an earlier-than-market-expects interest hike and restricted physical demand to pick up any slack. Show More Summary
Gold prices are weaker in late-morning dealings Friday. Many markets are quieter as traders and investors are awaiting a midday speech by Federal Reserve Chair Janet Yellen, and as many have already gotten an early jump on a long U.S. holiday weekend. Yellen delivers her speech at Harvard University.
WASHINGTON (Reuters) - Federal Reserve Chair Janet Yellen has struck a largely cautious tone since engineering the U.S. central bank's rate hike last December, saying she was not convinced inflation had taken firm enough hold to justify a second move and that she was worried a weak global economy put the United States at some risk. Show More Summary
Last week's fund flows show that investors skipped the denial phase of grieving and went headlong into anger after Federal Reserve policymakers on May 18 revealed said that they're willing to consider raising interest rates next month. Financials were in but REITs were out. Read More »
Stocks are largely unchanged in early trading Friday ahead of remarks from Federal Reserve chair Janet Yellen. Near 9:43 a.m. ET, the Dow was up 24 points (+0.14%), the S&P 500 was up 4 points (+0.2%) and the Nasdaq was up 10 pointsShow More Summary
Economic growth at the start of the year wasn't as bad as initially estimated, boosting the chances that Federal Reserve policymakers will raise a key interest rate next month. The nation's total economic output -- also known as gross domestic product -- increased at a 0.8% annual rate from January...
By Tanya Agrawal (Reuters) - U.S. stock index futures were little changed on Friday as cautious investors braced for a speech by Federal Reserve Chair Janet Yellen and the second reading of gross domestic product data for the first quarter. Show More Summary
HONG KONG (AP) — Global stock markets rose modestly on Friday as the investment outlook remained uncertain ahead of U.S. economic data and remarks by the head of the Federal Reserve. KEEPING SCORE: Germany’s DAX was up 0.1 percent to 10,279 while France’s CAC 40 edged up almost the same rate to 4,514. Britain’s FTSE […]
Ashlynne Mike Breaking News: 11-year-old Ashlynne Mike, who was abducted from the Navajo Nation Reservation, found dead in Shiprock, NM; Tom Begaye arrested Update: Ashlynne Mike murder Tom Begaye Jr indicted for her murder, federalShow More Summary