The Latest Breaking News from US Federal Reserve

The FOMC kept its federal funds rate between 5.25 and 5.5 percent, still at a 22-year-high. What it means for other economies

The central bank left rates unchanged at its December meeting, but hinted that several cuts are coming in 2024.

The Fed left interest rates at a 22-year high but forecast three cuts next year.

The dollar index (DXY00 ) on Wednesday tumbled by -1.04% and posted a 1-1/2 week low. The dollar sank Wednesday after the FOMC left the fed funds target rate unchanged for the third consecutive meeting and forecasted 75 bp of interest rate cuts for next year. A plunge in Treasury...

In this economy discussion, experts explore the Federal Reserve's decision to hold interest rates, impacts of inflation, and expectations for economic changes.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) is up +1.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +1.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.2%. Stocks are surging this afternoon, with the S&P 500 and...

The Federal Open Market Committee said that inflation has eased but is still too high as the group once again held interest rates steady.

Ahead of the Fed's projected pivot on interest rates next year, here are three growth stocks that have earned top ratings from analysts going into 2024.

The Federal Reserve held interest rates steady on Wednesday, amid signs of easing inflation. The central bank signaled that its benchmark borrowing rate may start to fall next year.

US central bank holds interest rates at 22-year high, but expects to cut rates three times next year as inflation continues to fade

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.13%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.06%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.30%. Stocks this morning are mixed, with the S&P 500...