The Latest Breaking News from US Federal Reserve

Federal Reserve's upcoming interest rate decision and potential rate cut in September amidst economic concerns.

Federal Reserve Chair Powell's cautious approach to upcoming decisions and its impact on markets and economy.

Asian stocks gain as Bank of Japan raises rates, U.S. Fed maintains. Mixed U.S. market performance.

With the end of their two-year fight against inflation in sight, Federal Reserve officials on Wednesday are likely to set the stage for the first cut to their key interest rate in four years

The US Federal Reserve is highly unlikely to waver from its position of holding interest rates at a two-decade high on Wednesday, but could drop hints about a September start to rate cuts.

The yen extended its rally against the dollar Wednesday ahead of a much-anticipated Bank of Japan announcement, with debate centred on whether it will hike interest rates, while equities mostly rose on growing hopes for a cut in US borrowing costs.

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -0.50%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.50%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.38%. US stocks settled mixed on Tuesday, with the Dow Jones Industrials posting a 1-1/2...

The S&P 500 also closed lower Tuesday, while the Dow Jones Industrial Average managed a win.

The dollar index (DXY00 ) Tuesday fell by -0.01%. The dollar on Tuesday fell back from a 2-1/2 week high and finished little changed. Better-than-expected US economic news Tuesday on May S&P CoreLogic composite-20 home prices, Jun JOLTS job openings, and Jul consumer confidence supported the dollar. Also, the start...