The Latest Breaking News from US Federal Reserve

The Federal Reserve system was stung in late 2021 when it declared signs of emerging inflation to be "transitory" and delayed taking strong action to tamp down price increases.

The recent bank failures have increased the likelihood of a recession, with many economists increasing the odds of an economic slump in the next 12 months. Amid this backdrop, investors could buy fundamentally strong stocks, Johnson & Johnson (JNJ) and Pfizer (PFE), which could help retire a millionaire. Read on.

Video game and electronics retailer GameStop (GME) reported declining revenue and huge losses in its last reported quarter, and its financial position is threatened by increasing cash burn. However, following last year’s massive losses, this meme stock recovered slightly earlier this year. Let’s find out if one should buy or…

The recent bank failures causing broader financial turmoil and uncertainty about the Fed’s next move, as it weighs strong economic data against jittery capital markets, have induced immense volatility in the stock market lately. However, it could be wise to buy fundamentally sound stocks Marathon Petroleum (MPC), Extreme Networks (EXTR),…

Just Eat Takeaway is to lay off as many as 1,700 delivery drivers as the food delivery business wrestles with a slowdown in demand.

U.S. officials are studying ways they might temporarily expand Federal Deposit Insurance Corp. coverage to all deposits, a move sought by a coalition of banks arguing that it’s needed to head off a potential financial crisis.

Although there’s uncertainty over the Fed’s upcoming policy decision, the central bank could return to aggressive rate hikes once the banking crisis eases. This is expected to keep the stock market under pressure. Amid the uncertainties, it could be wise to buy and hold fundamentally strong stocks Walmart (WMT), Cisco…

The stress tests themselves weren't predictive of what the banks would face.

Kasikorn Research Center (KResearch) expects the Federal Reserve to increase interest rates by 0.25% on Wednesday to tame inflation as the banking crisis in the US and Europe has eased somewhat.

Inflation is receding, albeit slowly, so there’s no reason to risk more financial tumult. Will the central bank see it that way?

Gold prices edged lower on Tuesday, ahead of the Federal Reserve policy meeting as expectations grew that the US central bank would slow its monetary policy tightening given the upheaval in the banking sector. Spot gold was down 0.2% at $1,975.71 per ounce, as of 0722 GMT.