The Latest Breaking News from US Federal Reserve

Federal Reserve Chair Jerome Powell’s recent Jackson Hole speech has warned investors of further monetary policy tightening. With the rising possibility of a recession and high volatility, we think these dividend-paying ETFs, Energy Select Sector SPDR (XLE), SPDR S&P Dividend (SDY), and Vanguard Utilities (VPU), might be ideal for building…

As recession fears continue to circle the broader markets and stocks remain volatile amid Fed uncertainty, analysts from Goldman Sachs and Morgan Stanley have highlighted an opportunity in oil.

The fall out from Federal Reserve chair Jerome Powell’s speech at Jackson Hole continues to be felt as US markets fall further.

Over the weekend the American central bank indicated quicker tightening than expected — this makes emerging market economies, especially low-income ones, vulnerable

Asian stocks are mixed after Wall Street fell following last week’s Federal Reserve pledge to fight inflation by keeping interest rates elevated

The Hang Seng Index opened 1.5% lower on Tuesday, as investors factored in the possibility of an aggressive rate hike in the U.S. when the Federal Open Market Committee meets in September. Market participants also weighed the results of a survey that showed American firms’ optimism about China hit a record low.

Blake Masters, the Republican U.S. Senate nominee in Arizona, said in a sarcastic tweet that the current racial and gender diversity at the Federal Reserve is responsible for the U.S.’s current economic outlook.

Did you know that the tug of war was actually an Olympic sport from 1900 to 1920. Now, I’m generally a person who embraces the new and doesn’t reflexively believe the past is better. But, in this case, I’ll make an exception. Tug of war needs to be immediately added…

Thai and other Asian stock markets tumbled on Monday, with the regional benchmark approaching a two-year low last seen in mid-July, as investors fled risk assets after the US Federal Reserve signalled that it would keep raising interest rates to rein in inflation.