The Latest Breaking News from US Federal Reserve

Since the housing bubble in the late 2000’s the U.S. has enjoyed an almost uninterrupted period of easy money. Financing for anything and everything was freely available from a wide variety of lenders. That came to an abrupt end last year as runaway inflation forced the Federal Reserve to rapidly…

The dollar index (DXY00 ) on Thursday fell by -0.86%. The dollar on Thursday extended Wednesday’s sharp losses to a 4-1/4 month low. The dollar is under pressure after the Fed on Wednesday signaled an end to monetary tightening and projected interest rate cuts for next year. Also, Thursday’s slump...

In a riveting global monetary saga, the US Federal Reserve boldly breaks from the pack, while the ECB and BoE uphold the 'higher for longer' doctrine in a ...

With Powell touting “progress” on inflation, the Fed predicted three rate hikes next year—but many on Wall Street see four or even five.

SoFi shares soared yesterday after the Fed signaled three rate cuts for 2024. Here's what the rate cuts will mean for SoFi, and why the fintech stock still looks a buy after doubling in value this year.

It’s not all good news for buyers, the median home sale price is still up 4.5%, according to Redfin.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.06%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.2%. Earlier this morning the S&P 500 posting a 23-month...

A jubilant, unyielding crescendo has greeted the world's stock markets this year, but none have orchestrated a performance quite like Wall Street. The titan of the bourses, the U.S. stock market, has been strutting about center stage, its ballad of bountiful performance echoing aloud. With the SP 500 delivering more…

For three years central banks in the US and Europe have been struggling to rein in price growth unseen in a generation

In a tale of economic suspense, the Fed's maestro Powell keeps us guessing; yet to reveal the finale of the balance sheet wind-down symphony.

The average long-term U.S. mortgage rate dropped below 7% to its lowest level since early August, another boost for prospective homebuyers who have largely been held back by sharply higher borrowing costs and heightened competition for relatively few homes for sale