The Latest Breaking News from US Federal Reserve

The US dollar continues to strengthen as expectations for a Federal Reserve interest rate cut diminish, reaching new highs in the foreign exchange market.

Asian markets mostly fell Monday after a forecast-busting US jobs report and comments by Federal Reserve boss Jerome Powell shattered any remaining hopes for a March interest rate cut.

The S&P 500 (SPY) was off to another great start in 2024. That was until Chairman Powell grabbed the mic at his January 31st press conference. And things went south in a hurry. Why is that? And what does that mean for stock investors in the days and weeks ahead?…

Stronger-than-expected jobs growth and rising wage pressure all but eliminate the possibility of a March rate cut.

The dollar index is on track for its first weekly loss of 2024 as investors await the release of US jobs data. Focus is shifting towards the impact on the ...

The U.S. economy opened 2024 with a robust labor market, adding 353,000 jobs in January and maintaining a 3.7% unemployment rate.

The US labor market smashed expectations last month in a surprise hiring pick-up, government data showed Friday, with a resilient jobs market likely good news for President Joe Biden in election year.

US adds 353,000 new jobs over month as growth in hiring gives boost to president, whose polling on economy has remained weak

Learn about the surprising strength of the US job market in 2023, with job growth exceeding expectations and inflation cooling, setting the stage for a pot...