The Latest Breaking News from the Federal Reserve

All eyes in the financial and economic world will be laser-focused Wednesday on the Federal Reserve as Chair Jerome Powell tries to balance his fight against inflation against a sudden banking crisis.

Rise in interest rates as the central bank depends on tax dollars for maintaining building and infrastructure.

Since fundamentally weak, over-hyped, and over-leveraged businesses seem to be living on borrowed time in a turbulent economy, it may be wise to sell GameStop (GME), AMC Entertainment Holdings (AMC), and BlackBerry Limited (BB). Continue reading….

The size of deposits covered by federal bank rescues has lawmakers talking about the discipline of a cap on deposit insurance.

What will the Federal Reserve and Bank of England do with benchmark interest rates in the wake of the banking crisis? Traditionally, controlling inflation has been the prime mandate of central banks.

Although the Fed might opt for a softer stance on the rate hike at the policy meeting this week, the fears of further aggressive rate hikes later this year remain. This, along with the banking crisis, is fueling recession concerns. Therefore, investing in defensive stocks McDonald’s (MCD), Elevance Health (ELV),…

Still grappling with persistently high inflation, the Federal Reserve faces an entirely new — and in some ways conflicting — challenge as it meets to consider interest rates this week: How to restore calm to a nervous banking system

"The fed doesn't just get to do its own investigation," Warren said.

The travails of Credit Suisse and others have stirred up bad memories for a public still scarred by the financial crisis