The Latest Breaking News from US Federal Reserve

Thursday’s inflation report sent the markets into a tizzy as traders returned to buying on hopes that the path is now clear for the Fed to reverse its rate hikes. Everyone is now wondering if the market has bottomed out following the extended slide that

Asian stock markets have surged after U.S. inflation eased by more than expected, spurring hopes the Federal Reserve might scale down plans for more interest rate hikes

Driven by continual Federal Reserve rate increases, credit card APRs have hit 19.04%.

Amid the ongoing macroeconomic and geopolitical issues, the stock market has faced wild swings this year. As the sky-high inflation and the Fed’s aggressive rate hikes continue to heighten recessionary fears, Wall Street darlings Microsoft (MSFT), Pfizer (PFE), and Coca-Cola (KO), which have a solid dividend-paying record, might be ideal…

WASHINGTON: US inflation cooled in October by more than forecast, offering hope that the fastest price increases in decades are ebbing and giving Federal Reserve officials a chance to ease up on steep interest-rate increases.

U.S. inflation cooled in October by more than forecast, offering hope that the fastest price increases in decades are ebbing and giving Federal Reserve officials room to slow down their steep interest-rate hikes.

The Fed’s fight against inflation has raised widespread recession concerns and caused a massive stock market sell-off. However, beverage giant Coca-Cola (KO) has demonstrated its resilience and is well-positioned to maintain a steady performance thanks to the inelastic demand for its products. Given the company’s defensive business model and reliable…

The number of Americans applying for jobless benefits rose slightly last week, but the labor market remains healthy despite recent job cuts that have begun to spread across sectors most affected by soaring interest rates, such as housing and technology

With Thanksgiving just two weeks away, food and family are on many people's minds. But turkey and travel will carry a hefty price tag this year. The annual inflation rate in October was 7.7%.

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Asian stock markets are lower ahead of a U.S. inflation update that will likely influence Federal Reserve plans for more interest rate hikes after elections left control of Congress uncertain