The Latest Breaking News from US Federal Reserve

US borrowing costs hit 19-year high as Fed holds interest rates

Bank’s chair pledges to keep up fight against inflation but decision brings fears of a failure to keep pace

The Guardian - UK · Jul 30

Stock Market: Will S&P 500 Open Up or Down Today?

The S&P 500 snapped a three-day winning streak on Wednesday as rising Treasury yields, a hawkish market reaction to the Federal Reserve and renewed geopolitical tensions sparked a broad-based selloff. Despite the sharp decline, Polymarket traders are betting the benchmark index will bounce back at Thursday’s open.

Benzinga · Jul 30

Fed Holds Rates at 3.5%-3.75%, Gold Rallies: Warsh Says Goal Is to Keep Inflation Under Control

Explore the Fed's decision to keep interest rates amid internal divisions and ongoing inflation, and its impact on stocks, gold, and Treasury yields, as well as future rate hikes.

International Business Times UK · Jul 30

Oil prices slip and Asian shares are mostly lower as investors sell chipmaker stocks

Oil prices have fallen and Asian shares are mostly trading lower

The Independent UK · Jul 30

US Stock Market: Trump backs Warsh as Fed’s hawkish tilt raises rate hike odds

President Trump supports Federal Reserve Chair Kevin Warsh despite policy disagreements. Warsh maintains a cautious stance on monetary easing, differing from Trump's calls. The central bank kept interest rates unchanged at its latest policy meeting. Some Federal Open Market Committee members favored a rate increase due to inflation concerns. Financial…

The Economic Times · Jul 30

US Stock Market: Warsh faces early Fed dissent as three policymakers push for rate hike

New Federal Reserve chair Kevin Warsh faces significant early policy disagreements. Three members opposed the central bank's decision to keep interest rates unchanged. This level of dissent is historically uncommon for a new Fed chair. Previous leaders like Janet Yellen and Jerome Powell experienced less initial opposition. These divisions suggest…

The Economic Times · Jul 30

Sensex rises 274 points, Nifty closes above 24,300 after Fed keeps rates unchanged

Indian stock markets extended gains on Thursday after the US Federal Reserve paused interest rates. However, some policymakers signaled a potential rate hike later this year. Broader markets experienced declines while select large-cap stocks led the Sensex higher. Rising Brent crude prices and a split Fed decision present significant headwinds…

The Economic Times · Jul 30

Trump stands by Warsh despite Fed's rate hold

The Federal Reserve maintained its benchmark interest rate, resisting President Donald Trump's calls for a reduction. Three officials dissented, advocating for a rate hike to combat persistent inflation. Warsh acknowledged vigorous debate and the Fed's commitment to controlling prices. He noted the central bank lacks immediate solutions for inflation's complex…

The Economic Times · Jul 30

Bitcoin, Ethereum, XRP, Dogecoin Flat as US Resumes Iran Strikes: 'Whales Are Buying the Dip,' Says This Analyst

Leading cryptocurrencies traded flat, while stocks sold off on Wednesday as investors digested the Federal Reserve’s policy decision and renewed Middle East hostilities.

Benzinga · Jul 30

Gold edges higher as markets weigh Warsh's inflation message after Fed decision

Gold prices saw a slight increase as markets evaluated Federal Reserve comments. The central bank maintained interest rates, leaving future policy moves uncertain. Investors now anticipate a lower probability of a September rate hike. Other precious metals also experienced gains amid these developments. Geopolitical events in the Middle East are…

The Economic Times · Jul 30