The Latest Breaking News from US Federal Reserve

Stocks advanced on Tuesday as weak economic data suggested that the Federal Reserve's hawkish monetary policy is having an impact and benchmark Treasury yields were falling, which fueled the surge. Tuesday’s moves add to the rallies in previous sessions that have driven the S&P 500 4% higher in the last five…

Though apparently dedicated to winning the battle against inflation, Fed Chairman Powell is fighting a lonely battle that will be difficult to win, at least with an election taking place. There are limits to what the Fed can do when Congress and the White House are busy printing more money.…

The word on the street was the market had entered into a bear market rally, as Morgan Stanley (NYSE: MS) equity strategist Michael Wilson forecasted a price target for the S&P 500 of 4,000 and it 

The semiconductor industry is currently witnessing a slowdown in demand due to rising inflation and the Fed’s monetary policy tightening, leading to several chip stocks slumping in price. However, lucrative government investments and a growing chip market should drive the industry’s long-term growth. So, we think investors could consider buying…

WASHINGTON — Lawmakers from both parties say the Federal Reserve needs legislative authority to issue a digital dollar, but the two sides have so far been unable to find a balance between privacy and security that could overcome the partisan divide.

These days, traditional savings accounts have not offered much to investors for some time. But now that the Federal Reserve is raising interest rates, big banks are raising rates as well.

Mortgage rates tend to rise when the Federal Reserve increases the Fed Funds rate. It has a gradual trickling effect, though.

Roger Ferguson, former vice chairman of the Federal Reserve and former CEO of TIAA, joined CNBC’s ‘Squawk Box’ earlier Monday morning to discuss what he expects to come from the Fed.

The stock market has been facing rampant volatility this year due to macroeconomic headwinds. With inflation remaining elevated, the Fed is expected to continue hiking rates. Amid this backdrop, we believe Carnival Corporation (CCL), AMC Entertainment (AMC), and Paya Holdings (PAYA) are not worth investor attention, given their bleak fundamentals.…