The Latest Breaking News from US Federal Reserve

The local share market finished 0.7 per cent lower and the Australian dollar hit a three-month low following sticky US inflation figures.

Stocks plummeted by more than 500 points as inflation data surpassed expectations, spurring concerns over Federal Reserve rate cuts.

Following today's inflation data, the market now expects the Fed to start cutting rates in June vs May.

The breakout above 5,000 for the S&P 500 (SPY) looked pretty well confirmed on Monday. But on Tuesday investors got an unwelcome memo from the CPI report showing that inflation is a bit too sticky these days. With that stock prices plummeted in a hurry. What happens next? Steve Reitmeister…

A hot reading on inflation means interest rates will stay higher for a little longer.

In this informative interview, real estate contributor Katrina Kampens discusses the challenges of rising rent inflation and the need for policy changes to...

US consumer inflation slowed less than anticipated last month, according to government data released Tuesday, as President Joe Biden battles to assuage households' worries over costs of living while he seeks reelection.

While inflation has fallen sharply since peaking above 9% in June 2022, many are still feeling the pinch of high prices

European benchmarks slip while Asian shares mostly finish higher as investors await an update on U.S. consumer inflation to determine Fed policy on interes...

Asian markets rose Tuesday after another record high on Wall Street, with all attention on the release of key US inflation data due later in the day.

A report by the New York Federal Reserve shows that cumulative net worth growth between 2019 and early 2023 was greater for Whites