The Latest Breaking News from US Federal Reserve

Asian equities rallied Tuesday after the previous day's global rout fuelled by US recession fears that have led to calls for the Federal Reserve to cut interest rates before its next meeting.

Japan's benchmark Nikkei 225 index has soared more than 10% a day after it set markets tumbling in Europe and on Wall Street, while other world markets appeared to have settled after the rollercoaster ride that started the week

There were several factors at play in today's broad-market bashing, including recession worries and news Berkshire slashed its Apple stake.

The dollar index (DXY00 ) Monday fell by -0.52% and posted a 6-3/4 month low. The dollar Monday extended last Friday’s selloff on concern the Fed is behind the curve with policy support for a slowing US economy. Swap markets have now priced in a 100% chance the Fed will...

The current downturn in the stock market has stirred up familiar challenges for investors. As stock prices drop, the temptation to sell increases, but professional investors argue that this might be an opportune time to buy, likening the situation to a sale, despite the seemingly sudden market correction and a…

Another cut of 75 basis points should come at the Fed’s next meeting in September, he added.

US Dollar Index hits eight-month low on expectations of Federal Reserve interest rate cuts, following weak economic data.

The ongoing global stock sell-off has fueled calls for the US Federal Reserve to lower interest rates swiftly and decisively, with some analysts now calling for it to make an emergency cut before its September rate decision.

What a difference a job report makes. Earlier in the summer, people were worried that the economy was too hot. But now – in response mainly to weaker-than-expected employment data released on Aug. 2, 2024 – stocks are plunging. Some analysts even worry that a recession could be on the…