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The Fed will be announcing its latest monetary policy decision today at 2:00 pm Eastern, followed by Fed Chair Janet Yellen’s final press conference. Yahoo Finance’s Alexis Christoforous and Rick Newman break down some of the expectations of the Fed.
By Patturaja Murugaboopathy (Reuters) - Asian currencies rose against the dollar on Thursday, as a guarded outlook from the U.S. Federal Reserve on the economy weighed on the greenback following its widely ...
For all those market mavens out there fretting about the relentless flattening of the U.S. Treasury yield curve, Federal Reserve Chair Janet Yellen has a message for you: Get over it. In response to her final question at her final press conference on Wednesday, after nearly four years at the helm of the U.S. central bank, Yellen effectively dismissed the current shape of the U.S. yield curve as little more than a technical anomaly. "I think there are good reasons to think that the relationship between the slope of the yield curve and the business cycle may have changed," Yellen said.
Treasury yields held onto its earlier fall after the Federal Open Market Committee voted to raise rates by a quarter percentage point on Wednesday, bringing it up to between 1.25% and 1.50%. The Fed stuck ...
U.S. government debt yields ticked higher Tuesday, ahead of a two-day policy meeting taking place by the U.S. Federal Open Market Committee.
TOKYO (AP) — Shares were mostly lower in Asia on Tuesday as investors stepped back after several days of advances, erasing early gains. Markets are awaiting the Federal Reserve meeting on Wednesday and the outcome of a major Chinese planning conference.
Short-dated yields rise on Monday ahead of a midweek Federal Reserve meeting that is likely to result in the central bank’s third, and final, interest-rate increase of 2017, while Janet Yellen’s last news ...
U.S. Treasury debt prices were little changed on Monday after rallying earlier in the session on safe-haven buying following an explosion in midtown Manhattan which New York Mayor Bill de Blasio described ...