The Latest Breaking News from US Federal Reserve

The Federal Reserve's multi-year battle with inflation continues to grind on the U.S. economy after Tuesday's data revealed a higher-than-expected increase in the Producer Price Index.

June S&P 500 E-Mini futures (ESM24) are up +0.02%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.03% this morning as investors geared up for crucial U.S. producer inflation data while also awaiting comments from Federal Reserve Chair Jerome Powell.

The US central bank should keep interest rates at their current "restrictive" levels until it sees real progress in the fight to lower inflation, a senior Fed official said Monday.

Asian investors shifted cautiously Tuesday ahead of the release of key US inflation data that could have a huge bearing on the fate of Federal Reserve interest rate cuts this year.

The S&P 500 Index ($SPX ) (SPY ) Monday closed down -0.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.21%. US stocks on Monday settled mixed. Higher inflation expectations weighed on stocks Monday after...

While the main indexes were relatively quiet Monday, GameStop made a lot of noise as it reclaimed its meme-stock status.

The dollar index (DXY00 ) on Monday fell by -0.06%. The dollar was under pressure Monday from lower T-note yields, which weakened the dollar’s interest rate differentials. The dollar was also undercut by uncertainty ahead of this week’s US inflation reports. The dollar recovered from its worst levels after the...

With inflation remaining a constant struggle for the Fed, IAG stock should be a cynically intriguing idea for concerned investors.

When people expect higher inflation it can be self-fulfilling, making the Fed wary of rate cuts.

The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.07%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.19%. US stocks this morning are slightly higher on lower bond yields and some...

The dollar index (DXY00 ) this morning is down by -0.17%. The dollar is under pressure today from lower T-note yields and strength in stocks, which reduces liquidity demand for the dollar. The dollar is also being undercut by uncertainty ahead of this week’s US inflation reports. Today's hawkish comments...