The Latest Breaking News from US Federal Reserve

Presidential candidates engage supporters through events with Harris focusing on abortion rights and Trump addressing Jewish donors and economic concerns p...

After a keenly awaited meeting, the US central bank decided to lower borrowing costs for the first time since the start of the pandemic by opting for a half-point reduction.

Homebuilder stocks are having a banner year, outpacing the broader market on a wave of optimism that mortgage rates will fall and juice home sales

September S&P 500 E-Mini futures (ESU24) are up +1.48%, and September Nasdaq 100 E-Mini futures (NQU24) are up +2.03% this morning on expectations the Federal Reserve’s half-percentage-point rate cut will steer the U.S. economy toward a “soft landing,” while investors awaited a new round of U.S. economic data and an…

The Bank of England is widely expected to keep interest rates unchanged later Thursday despite a big cut from the U.S. Federal Reserve, its first since the onset of the coronavirus pandemic more than four years ago

The US Federal Reserve cut its key lending rate by half a percentage-point Wednesday in its first reduction for more than four years, sharply lowering borrowing costs shortly before November's presidential election.

Cautious Bank of England governor says “we need to be careful not to cut too fast or by too much”, after leaving borrowing costs unchanged in 8-1 vote

Asian markets respond positively to the Federal Reserve's rate cut, with Tokyo's Nikkei 225 surging by 2.5%. Fed aims to boost investment amidst economic s...

Asian markets have forged higher after the Federal Reserve kicked off its efforts to prevent a recession in the U.S. with a bigger-than-usual cut to interest rates