Federal Reserve

The Effigies of Yellen

In an awkward attempt to placate detractors that feel like the stock market has rallied too far, too fast, Janet Yellen threw two of the most volatile sectors in the stock market under the bus. It was almost surreal. But it happened. However, will it work?

FOMC Meeting: Looking For Clues On Rate Hikes

At the conclusion of its two-day policy meeting, the Fed won't be raising rates, but some members are expected to adjust their long-range forecasts. Data in Focus: Inflation Firms, Growth Weakens - Is the Economy Ready for Rate Hikes  

Fed Guidance: Damned If They Do...

The quest for specifics as to when the Fed might start raising interest rates has turned into something resembling a high-stakes game of cat and mouse.