The Latest Breaking News from US Federal Reserve

Two of the three main equity indexes closed higher on the first day of the final Fed Week of 2024.

The dollar index (DXY00 ) Monday fell by -0.14%. Strength in stocks on Monday curbed liquidity demand for the dollar. Losses in the dollar were contained after T-note yields moved higher and strengthened the dollar’s interest rate differentials. Monday’s US economic news was mixed for the dollar as a gauge...

The S&P 500 Index ($SPX ) (SPY ) today is up (+0.31%), the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.76%. Dec E-mini S&P futures (ESZ24 ) are up +0.22%, and Dec E-mini Nasdaq futures...

The Federal Reserve announced that they're cutting their benchmark rate by a quarter-point, 4.75% to about 4.3%, when their meeting ends Wednesday.

Federal Reserve's cautious approach to interest rate cuts amid persistent inflation and economic uncertainty.

The tepid start came on the year's last full week of trading, with the focus on key monetary policy decisions by the US Federal Reserve and the Bank of Japan.

Global stock markets decline on weak Chinese data, bitcoin surges, U.S. markets mixed. Fed expected to cut rates, oil prices fall.

December S&P 500 E-Mini futures (ESZ24) are up +0.18%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.30% this morning as market participants looked ahead to the Federal Reserve’s final monetary policy committee meeting of the year as well as the release of the Fed’s favorite inflation gauge and…

Latest crypto record pushes bitcoin’s market cap above $2 trillion