The Latest Breaking News from the Federal Reserve

Asian stocks are mixed as investors ponder the upcoming meeting of the Federal Reserve, while Wall Street coasted to the close of its best week since November with a slight uptick in U.S. stocks Friday

Nifty broke out of its consolidation phase Friday, finally posting its first weekly advance this month. With the June-quarter earnings season nearly done, attention is shifting back to global factors. The widely expected rate cut by the Federal Reserve next month could give the bulls another boost. The question now…

The continued downtrend in inflation raises the odds for a September rate cut from the Federal Reserve.

US consumer inflation eased slightly in July, according to government data published Wednesday, its smallest 12-month increase since March 2021 and a positive sign for the Federal Reserve as it weighs cutting interest rates.

US consumer inflation eased slightly in July, according to government data published Wednesday, its smallest 12-month increase since March 2021 and a positive sign for the Federal Reserve as it weighs cutting interest rates.

If the Federal Reserve needs any further evidence that the worst price spike in four decades is steadily easing, it’s likely to come Wednesday, when the government is expected to report that inflation cooled further last month

Moynihan said a reduction could be necessary as early as September if inflation continues to ease.

After a painful collapse fuelled by a big miss on US jobs creation, equities managed to bounce back over the following days and ended Friday on a healthy note.

Asian markets were mixed Monday as investors try to move on from last week's upheaval that was fuelled by US recession worries, with focus on the release of key inflation and retail data.