The Latest Breaking News from US Federal Reserve

Stocks surged as Federal Reserve hints at potential rate cuts, boosting investor confidence.

Chair Jay Powell says central bank ‘getting closer to the point’ of possible rate cut – ‘but we’re not quite there yet’

At a closely watched meeting, Federal Reserve Chair Jerome Powell hinted that a much-anticipated rate cut will happen this year.

Stocks surged on Wednesday driven by tech sector performance ahead of the Federal Reserve's interest rate decision.

The S&P 500 Index ($SPX ) (SPY ) today is up +1.71%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.44%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +2.89%. US stocks today are moderately higher, with the S&P 500 and Nasdaq 100 posting...

Austan Goolsbee steps in as alternate voter at Fed meeting, hints at rate cut due to economic conditions. Beth Hammack to take over as president of Clevela...

American workers experience slower pay growth in Q2, easing inflation concerns. Fed may consider rate cut.

The dollar index (DXY00 ) today is down by -0.56% and fell to a 1-1/2 week low. Today, the dollar is under pressure from a rally in stocks, which curbs liquidity demand for the dollar. Also, the yen soared to a 4-1/2 month high against the dollar today after the...

The S&P 500 Index ($SPX ) (SPY ) today is up +1.18%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +2.29%. US stocks today are mostly higher, with the S&P 500 and Nasdaq 100 posting...