Fed set to ditch 'threshold' guidance under Yellen

(Reuters) - Janet Yellen's first policy-setting meeting as chair of the U.S. Federal Reserve will focus on how to finesse a rewriting of the central bank's promise to keep interest rates low without roiling financial markets.

A hawk pushes against majority at Fed on trimming stimulus

(Reuters) - Going a step further than his colleagues at the Federal Reserve, a hawkish policymaker said on Wednesday the U.S. central bank should wind down its bond purchases faster than planned and end it before mid-year.