The Latest Breaking News from US Federal Reserve

A central bank is not essential to a functioning economy.

December S&P 500 E-Mini futures (ESZ24) are up +0.14%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.01% this morning as investors awaited crucial U.S. producer inflation data, remarks from Federal Reserve Chair Jerome Powell, and an earnings report from entertainment giant Disney.

Asian markets show mixed performance due to U.S. inflation report and dollar strength. U.S. stocks close with slight gains. Cryptocurrency and oil markets ...

The ASX200 has edged higher to lift itself out of a three-day losing streak, as gains in IT stocks and financials outweigh a sluggish materials sector.

Shares are mixed in Asia after a lackluster finish on Wall Street following a report showing an uptick in inflation in the U.S. last month

Here's what could happen to interest rates next.

Americans looking to buy a house may need to wait longer to see rates fall substantially.

Asian markets diverged Thursday as investors digested US inflation data that supported the case for another interest rate cut next month but worries over the next Trump administration continued to cloud optimism.

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed up +0.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.11%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.16%. Stocks on Wednesday settled mixed. The overall market found support from the as-expected US...

Stocks gave up early gains as waning consumer price inflation leaves rate-cut bets essentially unchanged.

The dollar index (DXY00 ) Wednesday rose by +0.41% and posted a 1-year high. The dollar index Wednesday recovered from early losses and turned higher as it extended the post-election rally on speculation that T-note yields will increase as inflation increases due to President-elect Trump’s pro-tariff policies. The dollar Wednesday...