The Latest Breaking News from US Federal Reserve

Apart from decades-low unemployment, recession-defying growth, slowing inflation and record-high stock markets, what has the economy done for us?

Investors no longer expect the first Fed rate cut in June, with markets shifting away from forecasts for three rate cuts in 2024.

The Federal Reserve is closely monitoring inflation risks to support sustainable economic growth and maintain price stability.

Stocks soared into the weekend as investors brushed off strong payrolls data and lowered rate-cut expectations.

The dollar index (DXY00 ) on Friday rose by +0.19%. The dollar on Friday garnered support after US nonfarm payrolls rose more than expected, bolstering expectations that the Fed will be in no hurry to lower interest rates. Higher T-note yields on Friday are also supportive of the dollar. In...

I joined Michelle Rook this morning on AgWeb's Markets Now to discuss the corn, wheat, and soybean markets. We also discussed today's jobs report, the rise in gold and oil prices, as well as interest rates and the livestock markets.

Federal Reserve Governor Michelle Bowman emphasizes cautious approach to interest rates, citing stable inflation and strong job growth.

Fed officials express skepticism on rate cuts due to inflation concerns and diverge on the appropriate course of action.

U.S. employers added 303,000 jobs last month, and the unemployment rate dipped to 3.8%. Construction companies added 39,000 jobs, despite high interest rates.