The Latest Breaking News from US Federal Reserve

BT and Shell shares are in the spotlight at the start of the FTSE 100 results season.

Bitcoin is up following Fed Chair Jerome Powell's comments about crypto offerings in banks – he appears to have taken a swipe at the alleged Operation Choke Point 2.0 that the Biden administration was accused of implementing in the past few years.

Asian shares are mixed in muted trading after the U.S. Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through lower rates in September

The ASX200 has hit a new high in intraday trading and finished just under its all-time closing record amid optimism the RBA will cut rates at its next meeting.

Trump blamed the Federal Reserve for the "worst Inflation in the History of our Country" accusing the central bank of prioritizing DEI & climate over economics.

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -0.47%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.24%. March E-mini S&P futures (ESH25 ) are down by -0.53%, and March E-mini Nasdaq...

The Fed didn't cut rates at its January meeting, giving savers more time to secure rates as high as 4.35% APY.

Fed Chair Jerome Powell plays it as straight as possible while President Trump and threats to the AI rally abound.

As widely expected, the Federal Open Market Committee took a 'wait-and-see' approach toward borrowing costs.

The dollar index (DXY00 ) Wednesday rose by +0.10%. The dollar posted moderate gains Wednesday after the Fed kept interest rates unchanged and removed the reference in the post-FOMC meeting statement to inflation making progress, suggesting the Fed may remain on pause for longer. The dollar also found support in...

The Fed delivered on investor expectations and paused rate cuts for the first time in three meetings.