The Latest Breaking News from US Federal Reserve

While more data is needed to reach a definite conclusion on the direction of inflation, there are a few reasons why the nation's central bank may declare victory against inflation and begin cutting interest rates.

With Wall Street closed Monday for a holiday, there were few catalysts to drive buying, while analysts warned investors might have overdone their optimism about how much the US central bank will loosen monetary policy this year.

A record 93% of stock wealth is owned by the richest 10%, the Federal Reserve has found. It means the huge rally of 2023 swelled an already full wallet.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Friday closed up +0.08%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.07%. Stocks on Friday settled mixed, with the S&P...

The dollar index (DXY00 ) on Friday rose by +0.11%. The dollar on Friday recovered from early losses and posted modest gains on increased safe-haven demand after Reuters reported that a senior U.S. official said it expects some sort of retaliation from the Houthis for Thursday’s air attacks on Houthi...

Looking to open a CD in 2024? Now's a great time to lock-in CD rates and earn interest on your cash.

Discover how the Federal Reserve debated the idea of accelerating updates to economic forecasts in 2018, shaping their decision-making process.

The Federal Reserve reports a significant paper loss for 2023 due to a surge in interest expenses, highlighting the impact on the US economy.

An analysis of the Federal Reserve's transcripts reveals the muted response to President Trump's criticism in 2018, shedding light on the central bank's re...