The Latest Breaking News from US Federal Reserve

After a week-long stock rally, the new tariff announcements have made investors “a little bit more concerned” of ongoing unpredictability, Danny Moses said.

The U.S. job market created only 73,000 jobs in July, according to the Bureau of Labor Statistics. Additionally, downward revisions to May and June resulted in the elimination of a whopping 258,000 jobs. That means the U.S. saw the weakest tri-monthly employment print since the pandemic, according to Bloomberg. That’s…

Central bank economists find generative AI “at the crossroads,” debating if it could be as revolutionary as the electric dynamo or the microscope.

Just two days after Fed Chair Jerome Powell refused to pre-commit to a September rate cut, the U.S. labor market did it for him.

The S&P 500 Index ($SPX ) (SPY ) today is down -1.60%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -1.35%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.77%. September E-mini S&P futures (ESU25 ) are down -1.67%, and September E-mini Nasdaq futures...

US president called on top Fed officials to seize control from chair Jerome Powell if he fails to cut interest rates

The dollar index (DXY00 ) today retreated from a 2-month high and is down by -1.11%. The dollar tumbled today after the Jul payroll report showed the US labor market cooled more than expected, bolstering speculation the Fed may cut interest rates as soon as next month. Losses in the...

The S&P 500 Index ($SPX ) (SPY ) today is down -1.70%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -1.48%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -2.01%. September E-mini S&P futures (ESU25 ) are down -1.75%, and September E-mini Nasdaq futures...

“September is a lock for a rate cut, and it might even be a 50-basis-point move to make up the lost time.”