The Latest Breaking News from US Federal Reserve

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The dollar index (DXY00 ) today is up by +0.31%. The dollar is climbing today on signs of US economic strength after weekly jobless claims fell more than expected, and Q2 GDP was revised higher on strength in consumer spending, a hawkish factor for Fed policy. The weakness in the...

Latest Labor Department report shows slight decrease in jobless claims, hinting at a healthy U.S. labor market despite rising interest rates.

%he personal consumption expenditures (PCE) report due Friday could be key to the Fed's next move on interest rates, with hints that cuts could come as early as September if inflation and job data align.

Opendoor trades 94% below all-time highs, meaning the penny stock has trailed the broader markets by a wide margin. Can OPEN stock stage a comeback in the next 12 months with interest rates set to move lower?

Here are three of the best CDs to check out before the Feds could possibly cut rates again.

"We believe it puts the Fed on track to deliver a roughly 100 bp step-down in rates by the end of this year."

Asian shares are mostly lower as market attention turns to upcoming data on the U.S. economy after Nvidia reported its financial results

In August 2023, the U.S. Federal Reserve decided to keep interest rates steady at a 23-year high of 5.33%. With inflation slowing down and the unemployment rate slightly rising, many believe that the Fed will cut interest rates in its upcoming meeting on September 17-18.

The economic world recently turned its attention to the resort of Jackson Hole, in a remote Wyoming valley. The annual economic policy symposium of central bankers, policymakers, academics and financial gurus took place in this unlikely spot, producing outcomes that hold significant implications for economies worldwide.

While a Federal Reserve interest rate cut next month is baked into prices, traders are also keenly awaiting next week's crucial non-farm payrolls figures, which are seen as key to determining how big the central bank goes.