Fed independence key, despite Trump advisors’ view
Before we discuss the plans Trump advisors are hatching to jettison the Federal Reserve’s independence, let’s concede that every president covets the Fed’s power to set interest rates.
Fed asian news
Treasury yields slip as hope for Fed rate cuts increases after latest U.S. jobs data
U.S. Treasury yields were lower Monday, adding to the declines seen Friday after the April jobs report showed weaker-than-expected payrolls growth.
Dow closes higher by more than 400 points as April jobs report bolsters Fed rate cut hopes: Live updates
Stocks jumped sharply Friday after a softer-than-expected April jobs report boosted hopes that the Federal Reserve could start cutting interest rates soon.
Fed and ECB divergence on rate cuts could spell trouble for the euro, economist says
The prospect of the European Central Bank diverging from the Federal Reserve on interest rate cuts is likely to be "particularly negative" for the 20-nation euro zone, according to one economist.
Bitcoin climbs back to $59,000 after Fed signals it's unlikely to raise rates: CNBC Crypto World
Watch Daily: Monday - Friday, 3 PM ET
Yen's surge after Fed announcement stirs fresh intervention talk
NEW YORK/TOKYO -- The yen strengthened to 153.10 to the dollar at its peak on Wednesday following the U.S. Federal Reserve's decision to keep interest rates steady, sparking speculation about another intervention by the Japanese government and the Bank of Japan.
Fed meeting recap: Powell pretty much rules out a hike as the central bank's next move
Federal Reserve Chair Jerome Powell said it was unlikely that the central bank's next move will be a rate hike. The comment spurred a rally for the three major averages, with the Dow surging more than 500 points in its session high. Central bank policymakers kept rates steady at the conclusion of their May meeting, holding at a range of 5.25% to 5.5%.
Europe stocks fall as earnings roll in; ING up 5%; traders react to Fed decision
This is CNBC's live blog covering European markets.