The Latest Breaking News from the US Federal Reserve

The US Federal Reserve is widely expected to make its first interest rate cut of the year at its policy meeting this week, spurred by a weakening jobs market -- but political tension looms over the gathering.

Australian shares have traded lower in five of their past seven sessions, as gold hit a fresh record and the Aussie dollar rallied against the greenback.

The past week has been a whirlwind of news in the world of cryptocurrency and finance. From Robert Kiyosaki’s bold predictions of the U.S. Federal Reserve to President Donald Trump’s potential penalties on banks, there’s a lot to unpack.

The resignation of FOMC member Adriana Kugler also opens the door for a more dovish Fed shift.

Investors are positioning themselves for some excitement today. They are likely to get it—as we get new numbers on U.S. GDP, a new rate decision from the Fed, and ADP reports on private payrolls.

Amid heightened political tensions in Washington, the Bank for International Settlements (BIS) sounded the alarm this weekend. The aim was to highlight the crucial importance of central bank independence at a time when the US Federal Reserve is under unprecedented political pressure.

Donald Trump is due to visit the US Federal Reserve Thursday as the president escalates his pressure on its chairman Jerome Powell over the central bank's management of the economy.

In the United States, President Donald Trump has been pressuring the chairman of the US Federal Reserve, Jerome Powell, to slash interest rates. This is partly to ease the interest payments on the ballooning US government debt.

Asian markets fluctuated Thursday after a rollercoaster day on Wall Street punctuated by fears Donald Trump was considering sacking the head of the US Federal Reserve.