The Latest Breaking News from US Federal Reserve

Sen. Ted Cruz and several other Republican senators are pushing a bill that could prohibit the U.S. central bank from issuing CBDCs, saying a CBDC will only infringe on the American public's financial freedoms.

U.S. Federal Reserve analysts have warned of "some potential" for the dollar's role as a medium of exchange to be eroded with the rise of well-designed foreign CBDCs.

Asian stocks were largely muted on Wednesday after the release of lacklustre consumer confidence data, with comments from US Federal Reserve officials and fresh economic figures due later in the day.

Lumber is a critical industrial commodity as it is an infrastructure building block and a crucial ingredient in new home building. The path of interest rates over the coming months is essential for lumber prices.

Many seasoned investors are getting a bit concerned about stocks surging to 5,100 for the S&P 500 (SPY). That’s because earnings growth is nearly non-existent and thus stock prices are getting to elevated levels. This could point to a nasty correction ahead. That is why you will want to tune…

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.17%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.21%. Stock indexes on Tuesday settled mixed. Better-than-expected earnings results from Norwegian Cruise Line Holdings,...

The main indexes made muted moves Tuesday as investors took data that showed a big drop in durable goods and consumer confidence.

The dollar index (DXY00 ) on Tuesday rose slightly by +0.01%. Hawkish Fed comments from Fed Governor Bowman and Kansas City Fed President Schmid pushed T-note yields higher and supported the dollar. However, gains in the dollar were muted after the Conference Board’s U.S. Feb consumer confidence index unexpectedly declined....

Stay informed about recent mortgage rate trends, Fed's potential rate cuts, and their impact on homebuying. Learn about options like 15-year fixed-rate mor...

Experts foresee lower mortgage rates in 2024, offering relief to homeowners and buyers. Potential benefits ahead.

March S&P 500 E-Mini futures (ESH24) are up +0.07%, and March Nasdaq 100 E-Mini futures (NQH24) are up +0.15% this morning as investors geared up for a fresh batch of U.S. economic data.