The Latest Breaking News from the Federal Reserve

Public listings on Wall Street have seen a slow comeback in 2024 despite a resilient US economy, a long-awaited interest rate cut by the central bank and stock valuations hitting record highs.

The Federal Reserve lowered interest rates half a percentage point in September.

It wasn’t that long ago that the Federal Reserve, the central bank for the United States, was worrying that annual inflation would surpass 9% in the middle of 2022. The U.S. economy hadn’t seen prices rise that fast since the 1980s, and most everyone feared that a series of interest…

Inflation surprised to the upside last month but the disinflation trend remains on track.

Equities caught a bid ahead of the all-important September reading on consumer price inflation.

Shares in China have slumped as details of economic stimulus plans from officials in Beijing failed to meet investors' expectations, while other markets in Asia are higher

In September 2024, the Federal Reserve made a surprising move by slashing interest rates by 50 basis points—a bigger cut than most economists had predicted. While rate cuts are usually a sign of an economic slowdown, U.S. GDP remains relatively strong, leaving many market watchers puzzled. So, why the rate...

Trade-offs, spending cuts, and shifting priorities: Here's how Americans have reworked their budgets to manage inflation.

Asian markets rose Monday after a blockbuster US jobs report soothed any concerns about the world's top economy, while the dollar held gains with traders scaling back bets on another bumper interest rate cut.

September's robust jobs report may lead to less aggressive rate cuts by the Federal Reserve in November.

US labor market shows growth in job openings, signaling economic resilience and potential hiring uptick.