Yellen tells consumers after rate hike: ‘The simple message is the economy is doing well’

Indebted consumers nervous about Wednesday’s interest rate hike from the Fed can take solace even as their credit card bills shoot higher, Fed Chair Janet Yellen said. “The simple message is the economy is doing well,” the central bank leader said in...

Bill Gross: This could cause ‘hell’ to break loose in the global bond market

While the Federal Reserve is gradually raising interest rates in the U.S., the actions by two other central banks are actually the most important thing to watch right now, bond guru Bill Gross told CNBC on Wednesday. And it is something that could possibly wreak havoc...

Watch CNBC’s expert panel instantly analyze the market’s surprising reaction to the Fed hike

Watch CNBC’s Federal Reserve guest panel react to the central bank’s decision Wednesday to raise rates for the second time in three months. Things got interesting as stocks rallied and bond yields actually went lower immediately following the decision. The...