Federal Reserve

U.S. Federal Reserve Chair Janet Yellen gave more clues on the timing of a rate hike.

U.S. Federal Reserve Chair Janet Yellen gave more clues on the timing of a rate hike.

The S&P and the Nasdaq were slightly higher in late morning trading on Thursday as investors assessed remarks by Federal Reserve Chair Janet Yellen at a congressional testimony.

The S&P and the Nasdaq were slightly higher in late morning trading on Thursday as investors assessed remarks by Federal Reserve Chair Janet Yellen at a congressional testimony.

In Yellen's first remarks since the election of Donald Trump as the next president, the Fed chair indicated little had yet changed as a result of the Nov. 8 outcome. She said she intends to serve out her term, which ends in 2018, and indicated the Fed remains on track to raise rates at its meeting next month.

In Yellen's first remarks since the election of Donald Trump as the next president, the Fed chair indicated little had yet changed as a result of the Nov. 8 outcome. She said she intends to serve out her term, which ends in 2018, and indicated the Fed remains on track to raise rates at its meeting next month.

The number of Americans filing for unemployment benefits fell to a 43-year low last week, pointing to a rapidly tightening labor market that could allow the Federal Reserve to raise interest rates next month.

The number of Americans filing for unemployment benefits fell to a 43-year low last week, pointing to a rapidly tightening labor market that could allow the Federal Reserve to raise interest rates next month.

So much for polls.

So much for polls.

Federal Reserve Bank of St. Louis President James Bullard said Wednesday that he is still leaning toward backing an interest-rate rise increase in December.

Federal Reserve Bank of St. Louis President James Bullard said Wednesday that he is still leaning toward backing an interest-rate rise increase in December.

The U.S. dollar hit an 11-month peak on Monday as the risk of faster domestic inflation and wider budget deficits if Donald Trump goes on a U.S. spending binge sent Treasury and other benchmark global bond yields ever higher.

The U.S. dollar hit an 11-month peak on Monday as the risk of faster domestic inflation and wider budget deficits if Donald Trump goes on a U.S. spending binge sent Treasury and other benchmark global bond yields ever higher.

As the post-election markets rally, Allianz Chief Economic Advisor Mohamed El-Erian and former President Obama Economic Advisor Austan Goolsbee, weighed in on the long-term impact of President-elect Donald Trump’s economic policies.

As the post-election markets rally, Allianz Chief Economic Advisor Mohamed El-Erian and former President Obama Economic Advisor Austan Goolsbee, weighed in on the long-term impact of President-elect Donald Trump’s economic policies.

Federal Reserve Vice Chairman Stanley Fischer on Friday suggested the central bank is getting closer to raising interest rates again, though he stopped short of saying when the next move might occur.

Federal Reserve Vice Chairman Stanley Fischer on Friday suggested the central bank is getting closer to raising interest rates again, though he stopped short of saying when the next move might occur.

Donald Trump inherits a much sturdier economy than the one Barack Obama carried into his second term four years ago.

Donald Trump inherits a much sturdier economy than the one Barack Obama carried into his second term four years ago.