The Latest Breaking News from Fed Funds

Fed Chair Jerome Powell said taming inflation will likely lead to a "sustained period of below-trend growth" for the world's biggest economy.

The price of taming the fastest inflation in four decades will cause "some pain" for the world's biggest economy. But can the Fed hold its rate path if the economy slips into recession?

With 2-year Treasury note yields testing 4%, stocks end lower as the Fed kicks-off its two-date policy meeting in Washington.

A hotter-than-expected August inflation reading has triggered bets on an historic Fed rate hike as stocks end higher after Tuesday's sell-off.

Traders are pricing in a 34% chance or a 1 percent rate hike from the Fed next week, the biggest in nearly forty years, following yesterday's hot August inflation print.

Stock futures attempt clawback after Tuesday carnage; Traders betting on 100 basis point Fed Twitter slides after shareholders vote to approve Musk takeover; Starbucks leaps after boosting near-term profit goals and President Biden pushes for rail strike solution as deadline looms.

Most major coins traded lower Thursday evening as the global cryptocurrency market cap declined 1.2% to $1.06 trillion at press time.

The currency of Southeast Asia's second-largest economy traded against the greenback at 36.08 on Monday, appreciating 1.4% compared to a week prior.

Last year the Fed was singularly focused on employment whereas this year they are singularly focused on inflation,

Piper Sandler analyst Brent Bracelin maintained Bill.com Holdings, Inc (NYSE:BILL) with an Overweight and raised the price target from $205 to $212. Float revenue TTM has fallen to $4 million from a peak of $25 million in CY19 but should rebound alongside rising interest rates, as per Bracelin. Following the biggest Fed Funds Rate (FFR)…

"I would say if you’re a home buyer, you need a bit of a reset," Fed Chairman Jerome Powell said yesterday.