Yellen will appear Wednesday and Thursday and she will undoubtedly be asked if the Fed has backed off plans to raise interest rates as many as four times in 2016.
The Federal Reserve’s decision to keep its benchmark interest rate unchanged following a two-day policy meeting in January was met on Wall Street with fairly negative reaction after markets had about an hour to digest the news.
U.S. government bonds strengthened Wednesday after the Federal Reserve's interest rate statement.
The dollar weakened against its key rivals Wednesday after the Federal Reserve left its key lending rates unchanged after its January policy meeting.
With an eye toward recent global market turbulence, the Federal Reserve on Wednesday left interest rates alone while acknowledging the rough start to 2016 and offering assurances that interest rates probably won't be moving any higher any time soon.
Since no rate hike is expected, investors will instead be looking for the Fed to backtrack somewhat on its optimistic forecasts for 2016.
The Federal Reserve won't let a blizzard stop it from setting the nation's monetary policy.
The Federal Reserve will meet next week for the first time since raising interest rates off their rock-bottom lows in December, but policy makers won’t be raising rates again. A reading on fourth quarter GDP is also due.
The drop in oil prices and a strong dollar have raised the risk of U.S. inflation expectations heading lower, hampering actual inflation from reaching the Federal Reserve's 2 percent goal, a Fed official said on Friday.
U.S. wage growth remains stubbornly weak across much of the U.S. even as labor markets continue to tighten, the Federal Reserve reported Wednesday.
U.S. voters should consider the importance of an economic policy refresh.
There may not be enough fresh data on inflation to support another rate hike by March, Atlanta Federal Reserve Bank President Dennis Lockhart said.
Chicago Fed President Charles Evans said that stubbornly low inflation may keep interest rates lower in 2016 and beyond than some have forecasted.
Minutes from the Federal Reserve’s December gathering showed the decision to hike rates was a “close call.”
Watchers of the Federal Reserve believe Chair Janet Yellen’s toughest job may be corralling the disparate voices within the FOMC and getting all of them on the same page for big decisions -- which she did in December.
San Francisco Federal Reserve President John Williams said Monday he is unfazed by the weak economic data out of China that has spooked Wall Street, and sees three to five U.S. interest rate hikes this year as reasonable given the strength of the U.S. economy.
Analysts believe much of how the stock market reacts to higher interest rates in 2016 will likely depend on how the Federal Reserve communicates future rate hikes in the new year.
Federal Reserve forecasts pointing to four interest rate hikes in 2016 show what the U.S. central bank means when it says it anticipates raising rates at a "gradual pace," Richmond Fed President Jeffrey Lacker said on Friday.
The market didn’t act badly this past week, but if you just looked at Thursday and Friday, it felt awful.
The FOMC is creating a divide among the nation's savers and debtors with the first interest rate hike in nearly a decade.