The Latest Breaking News from US Federal Reserve

Asian markets are mixed following Wednesday’s global sell-off, as Wall Street declined in the technology, energy and other sectors

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -0.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.20%. Stocks on Wednesday settled mixed, with the S&P 500 posting a 2-1/2 week low...

The dollar index (DXY00 ) Wednesday fell by -0.48%. The dollar retreated Wednesday after the US July trade deficit widened by the most in 2 years. Lower T-note yields Wednesday also weighed on the dollar. Losses in the dollar accelerated after the US July JOLTS job openings fell more than...

Stocks continued their September slump after job openings hit a multiyear low.

“I like to say that once the yield curve goes positive, it tends to start the clock on the recession,” said one advisor.

The S&P 500 Index ($SPX ) (SPY ) today is up +0.31%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.48%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.40%. Stocks today recovered from early losses and are trading mildly higher. A decline in...

The dollar index (DXY00 ) today is down by -0.41%. The dollar is retreating today after the US July trade deficit widened by the most in 2 years. Lower T-note yields today are also weighing on the dollar. Losses in the dollar accelerated after the US July JOLTS job openings...

America’s employers posted fewer job openings in July than they had the previous month, a sign that hiring could cool in the coming months

US economy faces uncertainty with upcoming jobs report and Fed policy decision, influencing political narratives.

The sight of investors running to the hills sparked memories of the brief but tumultuous sell-off at the start of August that was partly fuelled by a big miss on US jobs creation.

Fed research paper stated that that US housing inflation may likely drop in the coming year.