The Latest Breaking News from US Federal Reserve

Despite holding the highest policy rate among G-10 nations, Jeffrey Roach, the Chief Economist at LPL Financial, emphasizes that while the administration’s lobbying for lower rates is not new, the Federal Reserve‘s independence in pursuing its mandate remains paramount.

Although Trump thinks Powell is “the Worst Federal Reserve Chairman in History,” the Fed chair and his colleagues probably are listening to the president’s arguments in favor of a lower rate.

The 2-1 ruling from the ninth US circuit court of appeals brings issue one step closer to coming back before supreme court. This blog is now closed.

U.S. stock futures rose on Wednesday after ending on a mixed note on Tuesday. Futures of major benchmark indices were higher.

Cryptocurrency bettors are pricing in a 50% chance that the Federal Reserve will enact the first interest rate cut of 2025 during the upcoming September meeting.

Key invisible costs have propelled criticism of Fed Chair Jerome Powell by President Trump and his allies.

Chamath Palihapitiya has endorsed William "Bill" Pulte as the next chair of the Federal Reserve, calling him an ideal candidate with deep expertise in housing and strong alignment with the Donald Trump administration.

Sam Altman also said AI could already diagnose better than doctors, as his company expands into Washington

An Alabama police department denies any wrongdoing in the death of Phillip Reeder, who died while handcuffed in August 2024

The dollar index (DXY00 ) on Tuesday fell by -0.47% and posted a 1.5-week low. The dollar was under pressure Tuesday from lower T-note yields. Losses in the dollar accelerated after the US July Richmond Fed manufacturing index unexpectedly fell to an 11-month low. The dollar found some underlying support...

Republican Sen. Mike Lee reportedly posted and then deleted what he believed to be a resignation letter from Federal Reserve Chair Jerome Powell