The Latest Breaking News from the Federal Reserve

The dollar index (DXY00 ) Monday fell by -0.52% and posted a 2-week low. Lower T-note yields on Monday undercut the dollar. Losses in the dollar accelerated after Monday’s news that the US ISM manufacturing index and Apr construction spending unexpectedly declined. The US May ISM manufacturing index unexpectedly fell...

The dollar index (DXY00 ) today is down by -0.41% at a 2-week low on pressure from lower T-note yields. Also, the strength in stocks today has reduced liquidity demand for the dollar. Losses in the dollar accelerated after today’s news that the US ISM manufacturing index and Apr construction...

A price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing after running high in the first three months of this year

Asian shares are higher as investors shrug off yet another decline on Wall Street

Asian markets rose Friday after falling for much of the week, with below-forecast US data injecting some fresh life into hopes the Federal Reserve will cut interest rates this year.

Scarcity is breeding soaring prices and buyers are outpacing listings, data shows.

Learn about the impact of rising mortgage rates on homebuyers and the housing market, influenced by Fed policy and economic factors.

The Cleveland branch of the Federal Reserve says that Beth Hammack, an executive at investment bank Goldman Sachs, would be its next president effective Aug. 21

Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of recent remarks by Fed officials underscoring their intention to keep borrowing costs high as long as needed to curb persistently elevated inflation