The central bank chief didn't back down from her previous view that the economic slump was only temporary, increasing the odds that rates could start rising as soon as September.
The economy may be stumbling but the Federal Reserve seems to think it won't last. That could mean interest rates still begin to rise as soon as this fall.
Just because interest rates are rising doesn't mean bond investors have to lose money. Two pros tell you what to do.
The 223,000 new jobs created in April were certainly good news for the markets, but the jobs report doesn't settle whether the Federal Reserve will raise interest rates anytime soon.
There will never be another Warren Buffett. But as Buffett will remind stockholders at Saturday's annual meeting, there will very soon be another chairman and CEO of Berkshire Hathaway.
Fed policymakers confirmed what the awful report on first-quarter economic growth had already signaled Wednesday morning: Interest rates won't go up any sooner than September, and probably later than that.
What more than $28 billion of expenses related to the oil spill in the Gulf of Mexico did not accomplish, last year's collapse in the price of oil did.
Oil giant paid a big premium for Brazilian oil and Australian LNG, and may need financial engineering to get a payoff
The Fed, as expected, dropped the word 'patient' in describing when it might start raising interest rates. But it also signaled that rates are unlikely to be increased in June.
Most observers expect the central bank to drop 'patient' language from statement. But they won't know when rates may rise until Janet Yellen speaks