The Latest Breaking News from the Federal Reserve

Market expectations have increased for global central banks to ease their aggressive monetary tightening campaigns and begin cutting interest rates this year. With inflation pressures expected to continue receding, the Federal Reserve, European Central Bank (ECB), and Bank of England (BOE) are expected to lead the push to lower interest...

Unearthing the ever-elusive labor market ease, the Federal Reserve confronts the precarious task of filling the pandemic-induced 'jobs hole'.

The final jobs report of 2023 exceeded expectations, with 216,000 jobs added in December. While this indicates a strong labor market, there are cooling tre...

U.S. banks are anticipated to face pressure due to prolonged high interest rates, elevated deposit costs, diminished credit demand, and stringent lending standards. Therefore, it could be wise to look beyond borders and buy fundamentally strong foreign bank stocks Woori Financial Group (WF), Intesa Sanpaolo (ISNPY), and Shinhan Financial Group…

If the Fed doesn't cut interest rates in January, they may have to lower it in their March meeting, Siegel said.

Stocks in Asia mostly decline as Wall Street's mixed finish and speculation over Bank of Japan's policy stance weigh on investor sentiment. Export-related ...

Asian shares are mostly lower after a mixed finish on Wall Street, although export-related Tokyo stocks got a boost from a strengthening dollar

Wall Street eagerly anticipates interest-rate cuts, but past disappointments caution against overzealous expectations. Will the Fed deliver or leave invest...

The average long-term U.S. mortgage rate edged higher this week, ending a nine-week slide that gave prospective homebuyers some breathing room after home loan borrowing soared to the highest level in more than two decades