Yellen

Monetary policy stance to remain accomodative after this increase: Full text of US Fed on rate hike

Voting for the FOMC monetary policy action were: Janet L. Yellen, Chair; William C. Dudley, Vice Chairman; Lael Brainard; Charles L. Evans; Stanley Fischer; Jeffrey M. Lacker; Dennis P. Lockhart; Jerome H. Powell; Daniel K. Tarullo; and John C. Williams.

US Fed hikes key rate from near 0 to 0.25-0.5% for first time in 9 years

The Federal Reserve is raising interest rates from record lows set at the depths of the 2008 financial crisis, a shift that heralds modestly higher rates on some loans

Fed rate hike: What the world's central banks are doing, at a glance

After keeping the short-term rate it controls at zero to 0.25 percent since December 2008, the Fed raised it to 0.25 percent to 0.5 percent. In contrast, other big central banks are either cutting rates or embarking on stimulus programs to try to boost their struggling economies.

Yellen says US economy 'source of strength', rate hike decision not 'abrupt'

Federal Reserve Chair Janet Yellen conceded Wednesday the Fed's rate increase could hurt some emerging economies, but that it represents a strong US economy that is good for global growth.

The Fed's rate hike, in 5 points

The Fed says the economy has rebounded enough since the Great Recession that the rate should begin rising, albeit slowly.

With rate hike, Janet Yellen places her firm stamp on Fed policy

In deciding to raise a key interest rate that has remained near zero for seven years, Federal Reserve Chair Janet Yellen has taken a risky step into unknown territory.

Federal Reserve meets on historic rate rise

The Federal Reserve began a two-day meeting Tuesday to weigh a landmark interest rate increase that will signal the end of more than seven years of crisis-era, easy-money monetary policy.

Another month of solid US hiring clears way for Fed interest rate hike

The U.S. economy generated another month of solid hiring in November, making it highly likely that the Federal Reserve will raise interest rates from record lows this month.

Gold falls to 2010 low after Yellen's upbeat comments, dollar jumps

Gold fell to its lowest in nearly six years on Wednesday, extending losses as Federal Reserve Chair Janet Yellen said she was "looking forward" to an interest rate hike that will mark the U.S. economy's recovery from recession.

As rate hike buzz builds, Yellen pushes for closer look at unconventional monetary policy

Federal Reserve Chair Janet Yellen is stressing the need to review the unconventional monetary policies that central banks around the world deployed in response to the 2008 global financial crisis.